Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound plays a key role in the development of crop protection agents due to its reactive nitrile and heterocyclic structure. Its derivatives are explored for biological activity, including fungicidal and insecticidal properties. In medicinal chemistry, it serves as a building block for heterocyclic compounds with potential antimicrobial and anti-inflammatory effects. The compound's versatility in ring transformations and functional group modifications makes it valuable in research for designing new bioactive molecules.