This chemical is primarily utilized in the synthesis of various heterocyclic compounds, which are essential in medicinal chemistry. It serves as a key intermediate in the development of pharmaceutical agents, particularly those targeting anti-inflammatory and antimicrobial activities. Researchers often employ it to create novel pyrazole derivatives that exhibit potential therapeutic effects. Additionally, it is used in organic synthesis to construct complex molecules for drug discovery and development. Its versatility makes it valuable in exploring new chemical entities with potential applications in treating diseases.