Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of certain vasodilators and cardiovascular drugs. It plays a role in constructing complex organic molecules due to the reactivity of the nitrile group and the electron-rich aromatic ring. The compound is also utilized in research settings for developing new bioactive molecules and analogs in medicinal chemistry. Its ethoxy-substituted phenyl structure makes it valuable for modifying solubility and metabolic stability in drug design.