Used primarily as a key intermediate in the synthesis of bioactive molecules, especially in pharmaceutical research. It serves as a building block for developing kinase inhibitors and other therapeutic agents targeting cancer and inflammatory diseases. Its bromo and ester functionalities allow for further chemical modifications, enabling the introduction of various substituents through cross-coupling reactions or hydrolysis. Commonly employed in medicinal chemistry for structure-activity relationship studies due to the indazole core’s metabolic stability and resemblance to purine bases. Also utilized in the development of selective ligands for cannabinoid receptors in neuroscience research.