This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. Its structure suggests potential applications as a bioactive molecule, particularly in the development of small-molecule inhibitors targeting specific enzymes or receptors. It may be investigated for its efficacy in treating diseases such as cancer, inflammation, or metabolic disorders, given its indazole and trifluoromethylphenyl motifs, which are common in drug design. Researchers explore its interactions with biological targets to assess its therapeutic potential and optimize its pharmacological properties. Additionally, it could serve as a key intermediate in synthesizing more complex compounds for drug discovery programs.