Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It plays an important role in the preparation of imidazopyridine-based drugs, which interact with benzodiazepine receptors in the central nervous system. Its reactivity allows for further functionalization, making it valuable in medicinal chemistry for creating compounds with enhanced biological activity. Also employed in research settings to develop new heterocyclic compounds with potential therapeutic applications.