Used primarily in the field of organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its benzimidazole core is particularly valuable in the development of drugs targeting parasitic infections, as it mimics the structure of nucleotides, disrupting the DNA synthesis of pathogens. Additionally, it finds application in the creation of materials with specific optical properties, such as organic light-emitting diodes (OLEDs), due to its ability to influence electron transport and light emission. In research, it is employed to study enzyme inhibition and receptor binding, aiding in the discovery of new therapeutic agents.