Used primarily as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a building block in the preparation of bioactive molecules due to its indazole core, which is known for exhibiting kinase inhibition and antimicrobial properties. Its bromine substituents allow for further functionalization via cross-coupling reactions such as Suzuki or Heck reactions, enabling the construction of complex heterocyclic systems. Also explored in medicinal chemistry for potential antitumor and anti-inflammatory agents.