Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure supports the formation of heterocyclic compounds with potential anti-inflammatory, antiviral, and anticancer activities. Commonly employed in medicinal chemistry for constructing pyrazole-based drug candidates due to its reactive amino and ester functional groups, which allow for further derivatization. Also utilized in research settings for designing novel compounds in drug discovery programs.