Used in organic synthesis as a versatile intermediate, particularly in the development of pharmaceutical compounds. Its structure, featuring both a silyl-protected hydroxyl group and an iodine atom, allows for selective functionalization, making it valuable in constructing complex molecules. Commonly employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to introduce indazole derivatives into target structures. Additionally, it serves as a precursor in the synthesis of biologically active molecules, including potential drug candidates targeting various diseases. The tert-butyldimethylsilyl group provides stability during reactions, while the iodine atom acts as a reactive site for further modifications.