Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports derivatization for creating potent bioactive molecules, especially anxiolytics and anticonvulsants. The nitro group enables further chemical transformations, such as reductions to amines, facilitating the production of more complex drug candidates. It is also employed in research settings for exploring new heterocyclic systems with potential therapeutic activity.