Used primarily in research and development, this compound serves as a key intermediate in the synthesis of various pharmacologically active molecules. It is particularly valuable in the preparation of compounds with potential central nervous system activity. In medicinal chemistry, it aids in the exploration of new drug candidates targeting neurological disorders. Additionally, it finds utility in organic synthesis for creating complex structures that may exhibit biological activity. Its nitro group makes it a useful precursor for further chemical modifications, enabling the development of diverse chemical libraries for screening purposes.