Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating biologically active molecules. Commonly employed in medicinal chemistry research to build pyrazolopyridine-based drug candidates with potential anti-inflammatory, antiviral, or antitumor activity. Also utilized in the preparation of small-molecule therapeutics targeting central nervous system disorders due to its ability to cross the blood-brain barrier.