This compound is primarily utilized in research and development within the field of medicinal chemistry. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting enzyme inhibition or receptor modulation. Its structure makes it valuable for designing compounds with potential therapeutic applications, such as anti-inflammatory, anticancer, or antimicrobial agents. Additionally, it is often employed in studies exploring the structure-activity relationships of nitroindazole derivatives to optimize their efficacy and selectivity.