Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure supports the formation of complex heterocyclic compounds, making it valuable in medicinal chemistry for drug discovery. Also employed in agrochemical research for designing new pesticides and herbicides due to its ability to enhance molecular binding and stability. Its nitrile and hydroxyl functional groups allow for diverse chemical modifications, enabling tailored derivatization in synthetic pathways.