Used primarily in pharmaceutical research as an intermediate in the synthesis of bioactive compounds. It serves as a building block for developing potential drug candidates targeting central nervous system disorders and inflammatory conditions. The bromo and ester functional groups allow for further chemical modifications, enabling the creation of diverse compound libraries for structure-activity relationship studies. Its indazole core is of interest due to known biological activities associated with this heterocyclic scaffold, including kinase inhibition and receptor modulation. Commonly employed in medicinal chemistry for optimizing lead compounds in early-stage drug discovery.