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 due to the indazole core, which is known for its biological activity. Commonly employed in the preparation of small molecule drugs targeting tyrosine kinases and other signaling proteins involved in tumor growth and inflammation. Its amine functionality allows for easy derivatization, enabling the creation of diverse compound libraries for drug discovery. Also utilized in research settings to develop potential treatments for neurodegenerative diseases and autoimmune disorders.