Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in the preparation of biologically active molecules due to its ability to undergo cross-coupling reactions, such as Suzuki and Negishi couplings, enabling the formation of complex heterocyclic systems. Its structural features make it valuable in medicinal chemistry for optimizing potency and selectivity in drug candidates targeting neurological disorders and oncology. Also employed in research settings for the design of novel pyrrolopyridine-based compounds with potential antiviral and anti-inflammatory properties.