Used primarily as an intermediate in organic synthesis, especially in the development of pharmaceuticals and agrochemicals. Its halogenated structure makes it valuable for cross-coupling reactions, such as Suzuki or Buchwald-Hartwig aminations, enabling the construction of complex indazole derivatives. These derivatives are often explored for their biological activity, including kinase inhibition and anti-inflammatory properties. It also serves as a building block in the synthesis of potential drug candidates targeting central nervous system disorders and cancer. Due to the presence of reactive bromo and chloro groups, it allows for selective functionalization, making it a versatile scaffold in medicinal chemistry research.