This compound is primarily utilized in pharmaceutical research and development due to its unique structural properties. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its imidazo[1,2-a]pyrazinone core is often explored for designing compounds with potential therapeutic applications, such as anti-inflammatory, anticancer, or antiviral agents. Additionally, it is used in organic synthesis to create complex heterocyclic compounds, which are valuable in drug discovery and development processes. Its bromine atom also makes it a versatile building block for further chemical modifications through cross-coupling reactions.