This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its structure is particularly valuable in the development of pharmaceutical agents, especially those targeting kinase enzymes, which play a critical role in various cellular processes. Researchers employ it to create potential drug candidates for treating diseases such as cancer, inflammation, and neurological disorders. Additionally, its halogenated pyrazolo[3,4-b]pyridine core is often explored in the design of compounds with improved binding affinity and selectivity for specific biological targets. Its versatility also extends to agrochemical research, where it is used to develop novel pesticides and herbicides.