This chemical is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the creation of potential drug candidates targeting specific enzymes or receptors. It is often employed in the development of inhibitors for kinases, which play a critical role in cell signaling pathways and are implicated in diseases such as cancer. Additionally, its unique pyrazolo[3,4-b]pyridine core makes it a versatile building block for designing molecules with potential therapeutic applications in neurological disorders and inflammatory conditions. Researchers also explore its use in the synthesis of fluorescent probes for studying biological processes at the molecular level.