Used as an intermediate in the synthesis of heterocyclic compounds for pharmaceuticals and dyes. It participates in the preparation of benzimidazole-based derivatives that exhibit biological activity, including antiparasitic, antimicrobial, and anticancer properties. Its amino and nitro functional groups allow for selective transformations, making it valuable in medicinal chemistry research. Also employed in the development of fluorescent probes and sensors due to its ability to form conjugated systems. Commonly used in solid-phase synthesis and combinatorial chemistry for generating compound libraries.