Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure supports conjugation in fluorescent probes, making it valuable in medicinal chemistry for labeling and tracking biological targets. The electron-withdrawing nitro and methoxy groups enhance reactivity in cross-coupling reactions, enabling the construction of complex heterocyclic systems found in drug candidates. Also employed in research settings to develop new antitumor and antimicrobial agents due to its ability to interact with cellular enzymes and DNA-related processes.