This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active compounds. Its furo[2,3-b]pyridine core, featuring amino and carboxylic acid functional groups along with an iodine substituent and a p-tolyl group at position 2, makes it a versatile building block for designing molecules with potential therapeutic properties. It is often employed in the development of small-molecule inhibitors targeting specific enzymes or receptors, particularly in cancer research and the treatment of inflammatory diseases. The iodine allows for further functionalization, enabling the creation of more complex derivatives for drug discovery and optimization studies.