Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of pyrazole-based active ingredients with biological activity. It plays a role in creating compounds with potential anti-inflammatory, analgesic, or antipyretic properties. Its functional groups—amide and ester—allow for further chemical modifications, making it valuable in medicinal chemistry for building more complex drug-like molecules. Also utilized in research settings to develop novel heterocyclic compounds for screening in drug discovery programs.