Used in organic synthesis as an intermediate for pharmaceutical compounds, particularly in the development of bioactive molecules and heterocyclic derivatives. Shows potential in medicinal chemistry for designing kinase inhibitors and anti-inflammatory agents due to the nitroindazole scaffold. Also employed in research settings to explore new pathways in drug discovery, especially targeting central nervous system disorders and cancer-related enzymes. Its reactivity allows for functional group transformations, making it valuable in building complex molecular structures.