Widely used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its indazole core structure is particularly valuable in developing potential therapeutic agents, including kinase inhibitors, which are crucial in cancer treatment. Additionally, it finds application in the design of compounds targeting inflammatory and neurological disorders. Its bromo and amino functional groups make it a versatile building block for further chemical modifications, enabling the creation of diverse drug candidates. Researchers also utilize it in the study of enzyme interactions and signal transduction pathways, aiding in the discovery of novel treatments for complex diseases.