Used in organic synthesis as an intermediate for pharmaceuticals and functional materials. Serves as a building block in the development of bioactive compounds due to the presence of the benzimidazole core, which is known for its biological activity. The iodine substituent allows for further functionalization via cross-coupling reactions, making it valuable in the preparation of complex molecules for medicinal chemistry and materials science. Also explored in photoluminescent materials and as a ligand precursor in catalysis.