This chemical compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific receptors or enzymes in the body. Its structure is often exploited in the development of potential therapeutic agents, especially for conditions related to the central nervous system, due to its imidazopyridine core, which is known for its pharmacological relevance. Researchers also explore its use in creating compounds with anti-inflammatory, antimicrobial, or anticancer properties. Additionally, its unique chemical framework makes it valuable in organic synthesis for constructing complex heterocyclic compounds.