Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure supports the design of molecules targeting central nervous system disorders and cancer therapies. The amino and carboxylic functional groups allow for easy modification, enabling the creation of amide and ester derivatives for structure-activity relationship studies. Also employed in the preparation of novel indazole-based heterocycles for drug discovery programs.