Used in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) where the nitrile and ester functional groups allow for further chemical transformations. The compound serves as a building block in creating complex organic molecules, especially in the preparation of heterocyclic compounds. It is also employed in research settings for the design of new drug candidates targeting central nervous system disorders and inflammatory conditions. Its versatility in cross-coupling reactions and ability to undergo reduction or hydrolysis makes it valuable in medicinal chemistry and process development.