This chemical is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzyme pathways or receptors. Its structure, featuring both pyridine and indazole moieties, makes it valuable for designing molecules with potential therapeutic applications. Researchers often explore its use in creating inhibitors for kinases or other proteins involved in cellular signaling, which can be relevant in treating diseases like cancer or inflammatory disorders. Additionally, its tetrahydro-2H-pyran group enhances solubility and stability, making it suitable for further modifications in pharmaceutical research.