This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various pharmacologically active molecules. Its structure, featuring imidazopyridine and phenyl diketone moieties, makes it a valuable scaffold for designing compounds with potential biological activities. Researchers often employ it in the synthesis of drug candidates targeting neurological disorders, inflammation, and certain types of cancers. Additionally, its unique chemical framework is explored in the creation of fluorescent probes and materials for optoelectronic applications due to its potential photophysical properties.