Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to participate in cyclization and substitution reactions, enabling the formation of complex heterocyclic systems. Its nitrile and chlorine functionalities allow for further chemical modifications, making it valuable in the design of biologically active compounds. Also employed in research settings for the preparation of indazole-based derivatives with potential anti-inflammatory, antiviral, and neuroprotective activities.