This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research due to its structural properties, which make it a potential candidate for drug development. Its benzimidazole core is known for its biological activity, often serving as a building block for molecules that interact with enzymes or receptors in the body. The methoxynaphthalene moiety enhances its ability to bind to specific biological targets, making it useful in the design of inhibitors or modulators for therapeutic applications. Researchers explore its potential in treating conditions such as inflammation, cancer, or microbial infections, leveraging its ability to interfere with cellular processes. Additionally, its fluorescent properties may be exploited in biochemical assays for imaging or diagnostic purposes.