This compound is primarily utilized in organic synthesis and pharmaceutical research as a versatile building block. Its structure, featuring both bromine and iodine substituents, makes it a valuable intermediate for cross-coupling reactions, such as Suzuki or Sonogashira reactions, which are essential for constructing complex molecules. Researchers often employ it to develop novel heterocyclic compounds with potential biological activity. Additionally, its presence in medicinal chemistry studies aids in the discovery of new drug candidates, particularly for targeting diseases where imidazo[1,2-a]pyridine derivatives show promise, such as cancer or neurological disorders. Its halogenated nature also allows for further functionalization, enabling the creation of diverse chemical libraries for screening purposes.