Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating potent bioactive molecules. It is also employed in research settings to design and optimize new drug candidates targeting inflammatory diseases and neurological disorders. Due to the presence of halogen atoms, it serves as a versatile building block in cross-coupling reactions such as Suzuki and Buchwald-Hartwig aminations, enabling efficient construction of complex indazole derivatives.