This chemical is primarily utilized in the pharmaceutical and research industries as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the development of drugs targeting neurological and psychiatric disorders, such as anxiety and depression, due to its imidazopyridine core, which is known for interacting with GABA receptors. Additionally, it serves as a building block in the creation of novel therapeutic agents for treating inflammatory diseases and certain types of cancers. Researchers also explore its potential in designing enzyme inhibitors and receptor modulators, making it a versatile component in medicinal chemistry.