Used primarily as a synthetic intermediate in pharmaceutical research, particularly in the development of kinase inhibitors and other bioactive molecules. Its halogenated structure allows for selective cross-coupling reactions, making it valuable in the synthesis of complex organic compounds for drug discovery. It has been explored in the preparation of potential anti-inflammatory, anticancer, and central nervous system agents due to the indazole core's biological relevance. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies to optimize potency and selectivity.