Primarily utilized in the field of organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its structure, featuring both phenyl and pyridyl groups, makes it valuable for constructing complex molecules, particularly in the development of drugs targeting the central nervous system. Additionally, it is employed in the synthesis of agrochemicals, where its nitrile group can be transformed into other functional groups to enhance biological activity. Researchers also explore its potential in creating ligands for metal coordination chemistry, which can be applied in catalysis and material science. Its versatility in chemical reactions underscores its importance in advancing both medicinal and industrial chemistry.