Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of biologically active molecules. Its structure supports the creation of kinase inhibitors, which are important in the treatment of cancers and inflammatory diseases. The nitrile and indazole functionalities enable strong binding interactions with enzyme active sites, enhancing potency and selectivity in drug candidates. It is also employed in the development of central nervous system agents due to its ability to cross the blood-brain barrier. Additionally, it finds use in agrochemical research for designing new pesticides with improved efficacy and environmental profiles.