Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Its functional groups—nitrile, hydroxymethyl, and methoxy—allow for versatile chemical modifications, enabling the construction of complex heterocyclic systems. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its ability to enhance binding affinity and metabolic stability in drug candidates. Also utilized in agrochemical research for designing novel active ingredients with improved efficacy and selectivity.