This compound is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and fine chemicals. Its structure, featuring a nitro group and an ester moiety, makes it suitable for use in the synthesis of complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). It is often employed in reactions such as Michael additions or as a precursor for heterocyclic compounds, which are essential in drug discovery and development. Additionally, its nitro group can be reduced to form amines, further expanding its utility in creating biologically active compounds.