Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of selective enzyme inhibitors. Its structure supports binding to specific active sites in target proteins, making it valuable in drug discovery for neurological and inflammatory conditions. The presence of both hydroxyl and nitro groups allows for further chemical modifications, enabling the creation of diverse compound libraries for biological screening. Additionally, it has been explored in the design of fluorinated analogs to improve metabolic stability and bioavailability in candidate drugs.