Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and anticancer agents. Its structure supports the creation of compounds that can interact with biological targets such as enzymes and receptors. Commonly employed in medicinal chemistry for building more complex benzimidazole-based molecules with enhanced bioactivity. Also utilized in research settings to develop new drug candidates due to its favorable reactivity and ability to form derivatives with improved pharmacokinetic properties.