This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting cardiovascular and central nervous system disorders. It serves as a key intermediate in the production of β-blockers, which are essential for managing hypertension, angina, and arrhythmias. Additionally, it is employed in the development of certain antidepressants and anxiolytics due to its structural compatibility with bioactive molecules. Its nitrile group allows for further chemical modifications, making it versatile in organic synthesis. The compound is also explored in research for creating novel therapeutic agents with potential applications in treating chronic diseases.