Used as a key intermediate in the synthesis of heterocyclic compounds, particularly in the preparation of benzimidazole derivatives which exhibit biological activity such as antiparasitic, antiviral, and anticancer properties. Its structure allows for selective functionalization, making it valuable in pharmaceutical research and development. Also employed in the production of dyes and fluorescent agents due to its electron-donating methoxy groups and aromatic amine reactivity. Commonly utilized in coordination chemistry as a ligand precursor for metal complexes in catalysis.