This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly those targeting therapeutic areas such as inflammation, cancer, and infectious diseases. Its structure allows for further functionalization, making it valuable for constructing complex molecules with potential medicinal properties. Researchers often employ it in the synthesis of imidazopyridine derivatives, which are known for their diverse pharmacological activities. Additionally, it can be used in the study of structure-activity relationships (SAR) to optimize drug candidates for enhanced efficacy and selectivity.