This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various biologically active molecules. Its structure, featuring a pyrazolo[4,3-c]pyridine core, makes it a valuable building block for developing compounds with potential therapeutic applications. It is often employed in the design and production of drugs targeting neurological disorders, cardiovascular diseases, and inflammation. The presence of functional groups like hydroxymethyl and tert-butyl carboxylate allows for further chemical modifications, enabling researchers to tailor the compound for specific pharmacological properties. Additionally, its stability and reactivity make it a suitable candidate for use in medicinal chemistry research and drug discovery processes.