Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antiparasitic and antiviral agents. It serves as a building block in the preparation of benzimidazole derivatives, which are known for their biological activity, including inhibition of viral replication and treatment of infections. Also employed in research for designing new compounds with potential antimicrobial properties. Its structure allows for easy modification, making it valuable in medicinal chemistry for drug discovery and optimization.