Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for building bioactive molecules. It is also employed in the preparation of fluorescent probes due to its favorable electronic properties, useful in biochemical imaging and diagnostic applications. Additionally, it serves as a building block in the creation of agrochemicals and specialty materials requiring nitroaromatic scaffolds.