This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its structure, featuring a benzimidazole core, makes it a valuable intermediate in the creation of compounds targeting various biological pathways. It is often explored for its potential in designing inhibitors for enzymes or receptors involved in diseases such as cancer, inflammation, or infectious diseases. Additionally, its piperidine moiety enhances its ability to interact with biological targets, making it a useful scaffold in medicinal chemistry. Researchers also investigate its role in modulating central nervous system (CNS) activity, potentially contributing to the development of drugs for neurological or psychiatric disorders. Its hydrochloride salt form ensures improved solubility and stability, facilitating its use in experimental and preclinical studies.