Used 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 targeted therapies. Commonly employed in medicinal chemistry research to build indazole-based bioactive molecules. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies. Suitable for use in coupling reactions and heterocyclic derivatizations in drug discovery pipelines.