Used in pharmaceutical research as an intermediate in the synthesis of biologically active compounds, particularly in the development of kinase inhibitors and other targeted therapies. Its structure supports modification for enhancing binding affinity and selectivity in drug candidates. Also explored in the design of anti-inflammatory and anticancer agents due to the indazole core’s metabolic stability and ability to engage in hydrogen bonding. Commonly employed in medicinal chemistry for scaffold optimization and structure-activity relationship (SAR) studies.