Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of analgesic and anti-inflammatory agents. Its structure allows for selective modifications, making it valuable in medicinal chemistry for building complex molecules. It is also employed in the preparation of agrochemicals and dyes due to its reactive aromatic and functional groups. The presence of both nitro and methoxy substituents enables diverse reaction pathways, including reductions and nucleophilic substitutions, facilitating its use in multi-step organic syntheses.