Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer therapy. It serves as a building block in medicinal chemistry for constructing heterocyclic compounds with biological activity. Its structure enables functionalization at multiple sites, making it valuable in drug discovery programs targeting inflammatory diseases and neurological disorders. Also employed in research settings to design novel pyrazolopyridine derivatives with potential antiviral or antiproliferative properties.