Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the preparation of imidazopyridine-based drugs, such as alpidem and zolpidem, which act on benzodiazepine receptors in the central nervous system. Its structure allows for selective binding and improved pharmacokinetic properties, making it valuable in medicinal chemistry for designing CNS-active compounds. Also employed in research for developing new heterocyclic compounds with potential biological activity.