Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective functionalization, making it valuable in constructing complex heterocyclic systems found in bioactive molecules. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to introduce aryl or amino groups. Also utilized in medicinal chemistry research for building pyrazolopyridine scaffolds, which exhibit a range of biological activities including anti-inflammatory and antiviral properties.