Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of potential drug candidates targeting specific enzymes or receptors. It is often employed in the design of kinase inhibitors, which are crucial in treating conditions like cancer and inflammatory diseases. Additionally, its halogenated indazole core makes it a versatile building block for medicinal chemists exploring novel therapeutic agents. The compound’s unique substitution pattern allows for fine-tuning of drug properties, such as potency, selectivity, and metabolic stability.