Used primarily in organic synthesis as a building block for more complex molecules, this compound is valuable in pharmaceutical research, particularly in the development of active pharmaceutical ingredients (APIs). Its structure, featuring both nitro and carboxylic acid groups, allows it to participate in various chemical reactions, such as nucleophilic substitution and coupling reactions. It is also employed in the synthesis of agrochemicals and dyes, where its fluorine atoms enhance the stability and bioactivity of the final products. Additionally, it serves as an intermediate in the production of specialty chemicals used in material science and advanced polymers.