This chemical is primarily utilized in the field of organic synthesis, where it serves as a valuable intermediate for the construction of more complex molecules. Its structure, featuring both an iodine atom and a methyl-substituted imidazopyridine ring, makes it particularly useful in cross-coupling reactions, such as Suzuki or Sonogashira couplings, which are essential for creating pharmaceuticals and agrochemicals. Additionally, it is employed in the development of fluorescent probes and imaging agents due to its ability to interact with biological systems, aiding in the study of cellular processes. Its applications also extend to materials science, where it contributes to the synthesis of organic electronic materials.