Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of modulators for neurotransmitter receptors, making it valuable in the research of anxiolytic and antidepressant drugs. The nitrile and ether functional groups allow for further chemical modifications, enabling the formation of diverse derivatives for structure-activity relationship studies. Commonly employed in medicinal chemistry for optimizing drug candidates targeting neurological disorders.