This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure, featuring a benzimidazole core, makes it a valuable intermediate for creating molecules with potential therapeutic properties. It is often explored for its role in modulating biological targets, such as enzymes or receptors, which are relevant in treating various diseases, including cancer, infections, and inflammatory conditions. Additionally, its unique chemical framework allows for further derivatization, enabling the creation of compounds with enhanced efficacy and selectivity for specific medical applications. Researchers also investigate its potential as a building block in the design of small-molecule inhibitors or probes for studying biological pathways.