Used in pharmaceutical synthesis as a key intermediate for developing bioactive compounds, particularly in the production of antiviral and anticancer agents. Its structure supports the development of kinase inhibitors and other targeted therapies. Also employed in the preparation of fluorescent dyes and optical brighteners due to its favorable photophysical properties. Commonly utilized in research settings for constructing benzimidazole-based heterocyclic systems with potential antimicrobial and anti-inflammatory activity.