This compound is primarily used in organic synthesis as a protected intermediate for the development of more complex molecules, particularly in pharmaceutical research. Its structure, featuring multiple tert-butoxycarbonyl (Boc) groups, protects the amino functionality at the 3-position (with di-Boc protection) and the pyrazole nitrogen at the 1-position during chemical reactions. This ensures that these sensitive groups remain intact while other parts of the molecule, including the free hydroxyl group in the 5-(1-hydroxyethyl) substituent, can undergo selective transformations. It is often employed in the synthesis of pyrazole derivatives, which are valuable in drug discovery for their potential biological activities, such as anti-inflammatory, antimicrobial, or anticancer properties. Additionally, its stability and ease of deprotection make it a preferred choice in multi-step synthetic processes.