Used primarily as a synthetic intermediate in the preparation of biologically active compounds, particularly in pharmaceutical research. It serves as a building block for developing kinase inhibitors and other medicinal agents targeting inflammation, cancer, and central nervous system disorders. Its indazole core is valued for enhancing binding affinity to various enzyme targets. Commonly employed in structure-activity relationship (SAR) studies to optimize drug candidates. Also utilized in the synthesis of analogs for metabolic stability and bioavailability testing.