Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of antiviral and anticancer agents. Its structure allows for easy functionalization, making it valuable in building complex heterocyclic compounds. Commonly employed in the development of kinase inhibitors and other bioactive molecules. Also utilized in agrochemical synthesis for creating herbicides and plant growth regulators. Its nitrile and hydroxyl groups enable diverse chemical transformations, supporting its role in medicinal and agricultural chemistry.