Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its indazole core, which is known for promoting biological activity. Commonly employed in the preparation of small molecule drugs targeting inflammatory diseases and neurological disorders. Also utilized in research settings for the design of novel bioactive molecules and in the optimization of drug candidates for improved metabolic stability and binding affinity.