Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of antibiotics and antifungal agents. It plays a role in the preparation of heterocyclic compounds due to its reactive aldehyde and nitro groups, which allow for diverse chemical transformations. Commonly employed in research settings for constructing complex organic molecules, especially in medicinal chemistry for drug discovery. Its structure supports condensation and reduction reactions, making it valuable in creating bioactive compounds.