Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It plays a role in the preparation of imidazopyridine-based drugs, which are known for their interaction with benzodiazepine receptors in the central nervous system. Commonly found in the production of compounds like alpidem and zolpidem, which are used to treat anxiety and insomnia. Also utilized in research for developing new heterocyclic compounds with potential biological activity, including antimicrobial and anti-inflammatory agents. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for drug discovery and optimization.