This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both bromo and fluoro substituents, makes it a valuable building block for creating compounds with potential therapeutic applications. It is often employed in the design of kinase inhibitors, which are critical in targeting specific pathways involved in diseases such as cancer and inflammatory disorders. Additionally, its indazole core is a common motif in medicinal chemistry, enabling the development of novel drug candidates with enhanced efficacy and selectivity. Researchers also explore its use in the preparation of fluorescent probes and other diagnostic tools due to its unique chemical properties.