Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders and inflammatory diseases. Its structure enables effective binding to specific enzyme sites, making it valuable in developing kinase inhibitors and receptor antagonists. Commonly utilized in medicinal chemistry for constructing imidazopyridine-based drug candidates due to its reactivity and stability in cross-coupling reactions. Also employed in the development of fluorescent probes for biochemical assays, leveraging its photophysical properties.