Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its nitrile and ether functionalities enable selective reactions in multi-step organic syntheses. Commonly employed in medicinal chemistry for modifying pharmacokinetic properties such as metabolic stability and membrane permeability. Also utilized in the preparation of bioactive molecules targeting inflammatory and neurological disorders due to its favorable lipophilicity and structural rigidity.