This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure is often employed as a building block in the creation of molecules that target various biological pathways, including those involved in neurological disorders and cancer. The bromine atom in the compound allows for further functionalization through cross-coupling reactions, making it a versatile intermediate in medicinal chemistry. Additionally, it is studied for its potential use in developing fluorescent probes and imaging agents due to its unique imidazopyridine core, which can interact with biological systems in specific ways.