Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Its nitro and ester functional groups allow further chemical modifications, making it valuable in the development of medicinal agents, particularly in the design of kinase inhibitors and other targeted therapies. Commonly employed in research settings for constructing indazole-based scaffolds with potential antitumor, antiviral, or anti-inflammatory activity. Also utilized in the preparation of fluorescent probes and agrochemicals due to its stable aromatic structure and reactivity profile.