Used 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 indazole core, which is known for favorable binding to biological targets. Commonly employed in the preparation of potent and selective inhibitors targeting enzymes such as B-Raf and other protein kinases involved in signal transduction pathways. Its bromo functional group allows for further derivatization via cross-coupling reactions, enabling rapid exploration of structure-activity relationships in drug discovery programs. Also utilized in research settings to develop new bioactive molecules with potential anti-inflammatory, antiviral, or neuroprotective properties.