Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its aldehyde and nitro functional groups allow for diverse chemical transformations, such as reduction, condensation, and cyclization reactions. Commonly employed in the development of bioactive molecules, including antimicrobial and anti-inflammatory agents. Also utilized in the synthesis of fluorescent dyes and sensors due to its ability to form conjugated systems upon reaction with amines or other nucleophiles.