Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of biologically active compounds, particularly in pharmaceutical and agrochemical research. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions. The benzimidazole core is common in drugs targeting gastrointestinal, antiviral, and anticancer pathways, making this compound valuable in medicinal chemistry for building complex heterocyclic systems. Often employed in the development of kinase inhibitors and receptor antagonists. Also applied in materials science for constructing conjugated organic frameworks with potential use in optoelectronics.