This chemical is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of novel drug compounds. Its structure, featuring both bromine and fluorine substituents, makes it a valuable intermediate in the creation of biologically active molecules. It is often employed in the design of inhibitors targeting specific enzymes or receptors, especially in the context of cancer therapy and neurological disorders. Additionally, it serves as a key building block in medicinal chemistry for optimizing the pharmacokinetic and pharmacodynamic properties of potential drug candidates. Its unique halogenated indazole core also finds applications in agrochemical research for developing new pesticides or herbicides.