This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. It serves as a building block for the development of pharmaceutical agents, particularly those targeting central nervous system disorders. Its structural framework is often incorporated into compounds designed to interact with specific receptors or enzymes, making it valuable in drug discovery and development processes. Additionally, it may be explored in the creation of fluorescent probes or dyes due to its imidazopyridine core, which can exhibit unique optical properties.