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 construction of complex heterocyclic compounds found in drug candidates targeting cancer and inflammatory diseases. The nitrile and ester functional groups allow for further chemical modifications, making it valuable in medicinal chemistry for building molecular diversity. It is also employed in the preparation of pyrrole-based dyes and functional materials due to its aromatic and electron-rich characteristics.