Used in organic synthesis as a versatile intermediate for constructing complex molecules, particularly in pharmaceuticals and agrochemicals. Its fluorine and iodine atoms make it valuable for introducing functional groups or modifying molecular structures. Commonly employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to create biaryl or alkyne derivatives. Its electron-withdrawing nitrile group enhances reactivity in nucleophilic substitution reactions. Applied in the development of bioactive compounds, including potential drug candidates targeting neurological or metabolic disorders. Also utilized in material science for synthesizing advanced polymers or liquid crystals with specific electronic properties.