Used as an intermediate in pharmaceutical synthesis, particularly in the development of bioactive molecules targeting central nervous system disorders. Its protected pyrazolopyridine core allows for selective functionalization, making it valuable in medicinal chemistry for constructing kinase inhibitors and receptor modulators. Commonly employed in research settings to develop compounds with potential anxiolytic, antidepressant, or anticonvulsant activity. Also utilized in the preparation of novel drug candidates during early-stage drug discovery due to its stability and reactivity profile.