This compound is primarily utilized in organic synthesis as a building block for the development of more complex molecules. It serves as a key intermediate in the preparation of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target specific biological pathways. Its structure, featuring a pyrazole ring, makes it valuable in the design of compounds with potential therapeutic applications, such as anti-inflammatory, anticancer, or antimicrobial agents. Additionally, it is employed in research settings to study chemical reactions and mechanisms, aiding in the discovery of novel drug candidates. Its stability and reactivity also make it suitable for use in peptide synthesis and other fine chemical processes.