Used in pharmaceutical synthesis as an intermediate for developing bioactive compounds, particularly in the production of antiparasitic and antifungal agents. Its structure supports the development of drugs targeting enzyme inhibition in pathogens. Also utilized in research for designing novel heterocyclic compounds with potential therapeutic activity. Shows utility in agrochemicals for creating active ingredients in crop protection agents due to its stability and reactivity. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies involving benzimidazole derivatives.