Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for creating derivatives with enhanced biological activity. Commonly employed in the preparation of imidazopyridine-based drug candidates that target GABA receptors. Also utilized in agrochemical research for designing novel pesticides due to its heterocyclic framework. Serves as a building block in combinatorial chemistry for high-throughput screening of bioactive compounds.