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 enzyme inhibition or receptor modulation. Its pyrazole and pyridine moieties make it a versatile scaffold for designing compounds with potential therapeutic applications, such as anti-inflammatory, anticancer, or antimicrobial agents. Additionally, it is often employed in research to study structure-activity relationships (SAR) and optimize drug candidates for enhanced efficacy and selectivity. Its use in coordination chemistry is also notable, where it acts as a ligand to form metal complexes with potential catalytic or material science applications.