Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports the formation of heterocyclic scaffolds common in bioactive molecules. It is also employed in medicinal chemistry research to build pyridine-based derivatives with potential antiviral and anti-inflammatory properties. The iodo and nitrile functional groups allow for further chemical modifications through cross-coupling reactions and nucleophilic additions, making it valuable in drug discovery and optimization processes.