Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of dyes and heterocyclic compounds. It plays a role in the preparation of active pharmaceutical ingredients (APIs) where nitroaromatic and amide functionalities are required. Commonly utilized in research settings for constructing more complex molecules in medicinal chemistry, especially in the design of kinase inhibitors and antimicrobial agents. Also serves as a building block in organic synthesis for introducing functionalized acetate groups into larger structures.