Used as a key intermediate in the synthesis of bioactive molecules, particularly in pharmaceutical research targeting kinase inhibitors and anti-inflammatory agents. Its indazole core structure supports drug development for cancer therapies and central nervous system disorders due to its ability to mimic purine bases in ATP-binding sites. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies to optimize potency and selectivity. Also utilized in agrochemical research for developing novel pesticides with improved metabolic stability.