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 for constructing indazole-based scaffolds, which are known for their biological activity in targeting enzymes and receptors involved in inflammation, neurodegeneration, and tumor growth. Its amine functionality allows for easy derivatization, enabling the creation of diverse compound libraries for drug discovery. Also employed in the preparation of selective probes for biochemical assays and receptor binding studies.