Used as a key intermediate in the synthesis of pharmaceuticals, particularly in developing anxiolytic and sedative agents. It serves as a building block for modulating GABA receptors due to its structural similarity to imidazopyridines like zolpidem. Also employed in research for developing new central nervous system (CNS) active compounds. Its carboxylic acid group allows for easy derivatization, enabling the formation of amides, esters, and other functional groups to optimize drug potency and bioavailability.