This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of imidazo[1,2-a]pyridine derivatives. These derivatives are known for their potential therapeutic applications, including antimicrobial, antiviral, and anticancer properties. The bromo and ester functional groups in the molecule make it a versatile building block for further chemical modifications, enabling the creation of diverse compounds for drug discovery and development. Additionally, it is used in the study of structure-activity relationships to optimize the efficacy and selectivity of potential drug candidates.