This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure, featuring both cyano and carboxylate functional groups, makes it a versatile building block for the development of indole-based molecules, which are often explored for their biological activities.

In medicinal chemistry, it is employed in the synthesis of potential drug candidates, particularly those targeting neurological disorders, cancer, and inflammation. The indole core is a common motif in many bioactive molecules, and the presence of the cyano group allows for further chemical modifications, enabling the creation of diverse derivatives with potential therapeutic properties.

Additionally, it finds application in the development of agrochemicals, where it contributes to the synthesis of compounds with pesticidal or herbicidal activities. Its role in research and development is significant, as it aids in the discovery of new molecules with optimized efficacy and safety profiles.