This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly in the synthesis of imidazo[1,2-a]pyridine derivatives. These derivatives are often explored for their potential therapeutic applications, such as antiviral, antibacterial, and anticancer agents. Additionally, it is used in the preparation of ligands for catalytic processes and in the study of structure-activity relationships to optimize drug efficacy and selectivity. Its role in medicinal chemistry makes it valuable for designing novel drug candidates targeting specific biological pathways.