Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory and analgesic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of pyrazole-based compounds that are important in medicinal research. Its ester functionality allows for easy modification, making it valuable in drug discovery and optimization processes. Also employed in agrochemical research for designing new pesticides and herbicides due to the bioactive nature of pyrazole derivatives.