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 production of imidazopyridine-based drugs, which interact with benzodiazepine receptors in the central nervous system. Its structure supports high receptor affinity and selectivity, making it valuable in creating compounds with improved pharmacokinetic profiles. Also employed in research for developing new neuroactive substances with reduced side effects.