Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for further functionalization in heterocyclic chemistry, making it valuable in medicinal chemistry research. Commonly employed in the preparation of agrochemicals and functional materials due to its reactivity and ability to participate in cross-coupling reactions. Also utilized in the construction of complex pyrazole derivatives with potential antimicrobial, anti-inflammatory, or anticancer properties.