This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of pharmaceuticals and bioactive molecules. Its structure is particularly valuable in the construction of pyrazolopyridine derivatives, which are known for their potential therapeutic applications, including anti-inflammatory, anticancer, and antimicrobial activities. The tert-butyl carboxylate group enhances the stability and reactivity of the molecule, making it suitable for further chemical modifications. It is often employed in medicinal chemistry research to design and synthesize novel drug candidates, particularly in the exploration of kinase inhibitors and other targeted therapies. Additionally, its role in the synthesis of heterocyclic compounds contributes to advancements in the development of new chemical entities for drug discovery pipelines.