Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in developing compounds with potential therapeutic effects, such as anti-inflammatory and anticancer agents. Researchers also explore its utility in creating inhibitors for specific enzymes, which can be crucial in treating diseases like cancer and autoimmune disorders. Additionally, it finds application in the study of nitroindazole derivatives, which are investigated for their pharmacological properties, including their role in modulating oxidative stress and cellular signaling pathways.