This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory disorders. Its structure, featuring both pyrazole and pyridine moieties, makes it a versatile scaffold for designing inhibitors of specific enzymes or receptors. Researchers often modify its functional groups to enhance binding affinity and selectivity for therapeutic targets. Additionally, it has shown potential in the development of anticancer agents due to its ability to interact with cellular pathways involved in tumor growth and proliferation. Its applications extend to the study of protein-ligand interactions, aiding in the discovery of novel drug candidates.