This compound is primarily utilized in the pharmaceutical and chemical research industries as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both a bromomethyl and a fluoro group on the indazole ring, makes it a versatile building block for developing drug candidates, particularly in the field of oncology and enzyme inhibition. The tert-butyl carboxylate group provides stability and facilitates further modifications, enabling the creation of complex molecules. Researchers often employ it in medicinal chemistry to explore new therapeutic agents, focusing on its potential to interact with specific biological targets. Its role in the development of novel compounds underscores its importance in advancing drug discovery efforts.