Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) due to its reactive aldehyde and nitrile functional groups, which allow for versatile chemical transformations. Additionally, it finds application in the synthesis of heterocyclic compounds, which are crucial in medicinal chemistry for designing drugs with specific biological activities. Its role in creating complex molecular structures makes it essential in research and industrial settings for developing new therapeutic agents and crop protection chemicals.