Widely used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various drugs, particularly those targeting the central nervous system. Its structure is valuable in developing compounds with potential antipsychotic and antidepressant properties. Additionally, it plays a role in the creation of molecules studied for their anti-inflammatory and analgesic effects. Its nitro group makes it a useful precursor in organic synthesis, enabling further functionalization for drug discovery and development. Researchers also explore its potential in designing novel therapeutic agents for neurological disorders.