This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting specific enzymes or receptors, often contributing to the creation of potent inhibitors. Researchers leverage its pyrazolo[3,4-b]pyridine core to design molecules with potential therapeutic applications, such as anti-inflammatory, anticancer, or antiviral agents. Additionally, its carboxylic acid group allows for further chemical modifications, enabling the attachment of other functional groups to enhance biological activity or improve drug-like properties. Its role in drug discovery highlights its significance in advancing treatments for complex diseases.