This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. Its unique structure, featuring both a pyrazole ring and a cyclohexanone moiety, makes it valuable in the synthesis of pharmaceuticals, particularly in the design of drug candidates targeting various biological pathways. The presence of the iodine atom allows for further functionalization through cross-coupling reactions, enabling the creation of diverse derivatives. Additionally, it finds application in materials science for the preparation of specialized polymers and ligands used in catalysis. Its role in medicinal chemistry is particularly notable, as it contributes to the development of compounds with potential therapeutic properties, such as anti-inflammatory or anticancer agents.