Used primarily 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 its indazole core, which is known for promoting strong binding to biological targets. Its structure is often incorporated into bioactive molecules to enhance selectivity and potency. Also utilized in research settings for designing new central nervous system agents and anti-inflammatory drugs. Its amine functionality allows for easy derivatization, making it valuable in combinatorial chemistry and high-throughput screening campaigns.