Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of kinase inhibitors. Its structure supports binding to enzyme active sites, making it valuable in creating potential treatments for cancer and inflammatory diseases. Also employed in medicinal chemistry for structure-activity relationship (SAR) studies due to the presence of the trifluoromethyl group, which enhances metabolic stability and lipophilicity. Commonly utilized in the preparation of indazole-based derivatives for drug discovery programs.