Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antimicrobial or antifungal properties. Its structure allows for selective functionalization, making it valuable in heterocyclic chemistry for constructing complex oxazole-based compounds. Commonly employed in cross-coupling reactions to form C–C bonds, enabling the creation of diverse chemical libraries for drug discovery. Also utilized in the preparation of fluorescent probes and functional materials due to its electron-withdrawing nitrile group and reactive bromine site.