This compound is primarily utilized in the field of pharmaceutical research, particularly in the development of enzyme inhibitors. It serves as a key intermediate in the synthesis of various bioactive molecules, especially those targeting neurological and cardiovascular disorders. Its structure, featuring both an amino group and a nitro group, makes it a valuable building block for creating compounds with potential therapeutic effects. Researchers often employ it in the study of enzyme kinetics and receptor interactions due to its ability to mimic natural substrates. Additionally, it is explored in the design of drugs aimed at modulating neurotransmitter activity, offering potential applications in treating conditions like depression, anxiety, and hypertension.