This chemical is primarily used in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors. Its structure makes it valuable for creating potential drug candidates, especially in the development of anti-inflammatory, anticancer, or antimicrobial agents. Researchers utilize it to explore new therapeutic pathways and optimize drug efficacy. Additionally, it may be employed in the study of chemical reactions and mechanisms due to its reactive nitro and ester functional groups.