Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the design of drugs targeting specific enzymes or receptors, often in the context of cancer therapy or anti-inflammatory treatments. Additionally, it is utilized in organic chemistry as a building block for constructing complex heterocyclic compounds, which are essential in medicinal chemistry for creating novel therapeutic agents. Its nitro and bromo functional groups make it a versatile reagent for further chemical modifications, enabling the development of diverse drug candidates.