Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of more complex naphthalene-based structures. Its nitrile and cyclopropane functionalities make it valuable in pharmaceutical research, particularly in the development of bioactive molecules and receptor ligands. The strained cyclopropane ring combined with the aromatic naphthalene system allows for unique reactivity patterns in cycloaddition and ring-opening reactions. It is also employed in the synthesis of agrochemicals and functional materials where rigid, conjugated frameworks are needed.