This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the creation of various indazole derivatives, which are known for their potential therapeutic properties. Researchers often employ it in the design of compounds targeting specific enzymes or receptors, especially in the fields of oncology and inflammation. Its structural features, including the bromo and dimethyl groups, make it a versatile building block for medicinal chemistry, enabling the exploration of novel drug candidates with improved efficacy and selectivity. Additionally, it is used in organic synthesis to study reaction mechanisms and develop new methodologies for constructing complex heterocyclic frameworks.