This chemical is primarily utilized in the development of pharmaceutical compounds, particularly as an intermediate in the synthesis of various therapeutic agents. Its structure, featuring a benzimidazole moiety, makes it valuable in creating molecules with potential biological activity, such as antifungal, antiviral, or anticancer properties. Additionally, it is employed in research settings to study its interactions with biological targets, aiding in the discovery of new drugs. Its application extends to material science, where it can be used in the design of organic electronic materials due to its conjugated system.