This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target neurological disorders, including antidepressants and anxiolytics. Its structure allows it to act as a building block for more complex molecules that interact with neurotransmitter systems in the brain. Additionally, it is employed in research and development for creating novel therapeutic agents, particularly those aimed at modulating serotonin and dopamine pathways. Its nitro group also makes it a valuable precursor in the synthesis of dyes and pigments used in industrial applications.