Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with biological activity such as anticonvulsants and anti-inflammatory agents. Its structure supports the formation of heterocyclic systems important in medicinal chemistry. Commonly employed in research settings for the preparation of benzimidazole derivatives, which are known for their role in drug discovery and development. Also utilized in the creation of fluorescent probes and labeling agents due to the stability and reactivity of the benzodiazole core.