Used primarily as a synthetic intermediate in organic chemistry, particularly in the development of pharmaceutical compounds. It serves as a building block in the synthesis of bioactive molecules due to the presence of the indazole core, which is known for its pharmacological relevance. Commonly employed in medicinal chemistry research for designing inhibitors and modulators targeting enzymes and receptors. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies. Its ester and acetyl functional groups allow for further chemical modifications, making it valuable in drug discovery and development processes. This compound is not a commercial product or a drug for direct human use.