This chemical is primarily used in organic synthesis as an intermediate in the production of more complex compounds. It finds application in the development of pharmaceutical agents, particularly in the synthesis of molecules with potential biological activity. Its structure, featuring nitro and methoxy groups, makes it suitable for further chemical modifications, such as reduction or substitution reactions, to create derivatives with specific properties. Additionally, it may be utilized in research settings for studying reaction mechanisms or developing new synthetic pathways. Its role is often critical in the early stages of drug discovery and development processes.