Used primarily in organic synthesis and pharmaceutical research, this compound serves as a key intermediate in the development of bioactive molecules. Its hydrazide functional group enables the formation of Schiff bases, which are often explored for their antimicrobial, anti-inflammatory, and anticancer properties. The presence of a nitrile group enhances its utility in constructing heterocyclic compounds, making it valuable in the design of novel drug candidates. It is also employed in the synthesis of piperidine-based derivatives that show potential in central nervous system-related therapeutic applications due to their structural similarity to neuroactive agents.