Used in pharmaceutical synthesis as an intermediate for developing bioactive compounds, particularly in the production of antiviral and anticancer agents. Its structure supports the development of molecules with enzyme inhibitory activity. Also employed in research settings to design new heterocyclic compounds with potential therapeutic applications. Shows utility in agrochemicals for developing plant growth regulators and pesticides due to its stability and reactivity. Commonly used in medicinal chemistry for structure-activity relationship (SAR) studies involving benzimidazole derivatives.