Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to undergo selective cross-coupling reactions, enabling the construction of complex indazole-based structures. Its amine and bromo functional groups allow for sequential derivatization, making it valuable in drug discovery programs targeting inflammatory diseases and neurological disorders. Also employed in the preparation of bioactive molecules for research in oncology and central nervous system therapies.