Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective cross-coupling reactions, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in Suzuki and Buchwald–Hartwig reactions to introduce aryl or amino groups. Also utilized in agrochemical research for designing novel pesticides and herbicides due to the electron-withdrawing nature of the cyano and trifluoromethyl groups, which enhance stability and bioavailability.