Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its reactive halogen groups, which allow for selective cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations. Its indazole core is found in bioactive molecules targeting inflammation, neurodegenerative diseases, and metabolic disorders. Also employed in agrochemical research for designing novel pesticides with improved selectivity and efficacy.