Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules targeting central nervous system disorders. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for creating pyrazole-based derivatives with potential anti-inflammatory, analgesic, or anticonvulsant properties. Also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance molecular binding affinity. Commonly utilized in laboratory settings for constructing complex heterocyclic systems through cross-coupling reactions.