Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors and anti-inflammatory compounds. Its structure supports metal coordination, making it useful in catalysis and sensor applications. Also employed in the preparation of heterocyclic frameworks for drug discovery due to its reactive functional groups and ability to undergo derivatization. Shows potential in materials science for designing organic semiconductors owing to its conjugated aromatic system and electron-withdrawing nitrile group.