Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure supports the creation of biologically active molecules, making it valuable in medicinal chemistry research. Commonly employed in the preparation of pyrazole-based derivatives that exhibit potential therapeutic effects, including anticancer and antimicrobial activities. Also utilized in agrochemical research for developing novel pesticides and herbicides due to its ability to modulate specific enzymatic pathways.