Used in pharmaceutical synthesis as a key intermediate for benzimidazole-structured drugs, particularly in the development of antiparasitic, antiviral, central nervous system (CNS) agents, antimicrobials, and enzyme inhibitors such as protein kinases involved in various diseases including cancer. Its structure supports activity against certain enzyme targets in pathogens. Also employed in agrochemicals to enhance crop protection due to its ability to interfere with pest metabolism. Serves as a building block in the preparation of functional materials and coordination compounds in catalysis.