Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure, featuring both acetyl and nitrile groups, allows for versatile reactions, making it valuable in constructing complex molecules. It is often employed in the development of active pharmaceutical ingredients (APIs) and specialty chemicals. Additionally, its fluorinated aromatic ring enhances its utility in designing compounds with specific biological activities, particularly in drug discovery and medicinal chemistry.