Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs). It serves as a building block for pyrazole-based compounds that exhibit analgesic, antipyretic, and anti-inflammatory activities. Its structure allows for easy modification, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in the preparation of agrochemicals and bioactive molecules with potential use in crop protection and pest management.