This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both a pyran and a pyrazole ring, makes it a valuable building block for developing compounds with potential therapeutic applications. Researchers often employ it in the design and optimization of drug candidates targeting specific enzymes or receptors, particularly in areas such as oncology, inflammation, and infectious diseases. Additionally, its amine functional group allows for further chemical modifications, enabling the creation of diverse derivatives with tailored pharmacological properties.