Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its nitrile and methoxy functional groups allow for further chemical modifications, making it valuable in medicinal chemistry for building complex heterocyclic systems. It is also employed in agrochemical research for designing new crop protection agents. The compound’s structure supports metal-catalyzed coupling reactions, enabling its use in creating diverse compound libraries for drug discovery.