Used in organic synthesis as an intermediate for pharmaceuticals and biologically active compounds. Its structure supports the development of nitrogen-containing heterocyclic systems, often explored in medicinal chemistry for potential neuroactive or anti-inflammatory agents. Commonly employed in the preparation of ligands for receptor binding studies due to the presence of piperazine and pyrazole moieties, both known for pharmacological relevance. Also utilized in research settings to design novel compounds targeting central nervous system disorders.