This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. Its application is significant in the pharmaceutical industry, where it serves as a building block for the synthesis of various bioactive molecules, including potential therapeutic agents. The presence of the bromine atom makes it a valuable candidate for further functionalization through cross-coupling reactions, which are essential in medicinal chemistry for creating diverse drug candidates. Additionally, its pyrazole core is a common motif in agrochemicals, contributing to the development of pesticides and herbicides. The ester group in the molecule also allows for further chemical modifications, enabling the creation of derivatives with tailored properties for specific applications.