This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of pharmaceutical agents targeting specific diseases, including cancer and neurological disorders. Researchers leverage its imidazopyridine core to design compounds with potential therapeutic effects, often focusing on its ability to interact with enzymes or receptors in the body. Additionally, it serves as a building block in the creation of novel drug candidates during early-stage drug discovery processes. Its applications are also explored in the development of fluorescent probes and imaging agents for biological studies.