Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of flavonoid-based drugs with potential anti-inflammatory and anticancer properties. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for building complex heterocyclic systems. Also employed in research settings to develop novel kinase inhibitors and antimicrobial agents. The electron-withdrawing nitrile and chlorine groups enhance reactivity, facilitating coupling reactions in drug discovery pathways.