Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly significant in the development of drugs targeting neurological disorders, including anxiety and depression, due to its structural compatibility with receptors in the brain. Additionally, it is explored for its potential in creating anti-inflammatory and antiviral medications, leveraging its imidazopyridine core to enhance drug efficacy and selectivity. Its application extends to material science, where it is used in the design of organic semiconductors and light-emitting diodes (LEDs), contributing to advancements in electronic and optoelectronic devices.