This compound is primarily utilized in the synthesis of various pharmaceutical intermediates. Its structure, featuring both an aminoethoxy group and a benzonitrile moiety, makes it a versatile building block in medicinal chemistry. It is often employed in the development of drugs targeting central nervous system disorders, such as antidepressants and anxiolytics, due to its ability to interact with specific neurotransmitter systems. Additionally, it serves as a precursor in the production of compounds with potential anticancer properties, where its nitrile group can be further modified to enhance biological activity. In research, it is also used to study enzyme inhibition and receptor binding mechanisms, contributing to the discovery of novel therapeutic agents.