Primarily used in pharmaceutical research, this compound is investigated for its potential therapeutic properties. It is studied as a precursor or intermediate in the synthesis of more complex molecules that may exhibit biological activity. Researchers explore its role in developing treatments for neurological disorders, as its structure suggests possible interactions with neurotransmitter systems. Additionally, it is examined for its potential anti-inflammatory or analgesic effects, making it a candidate for drug development in pain management. Its nitrophenyl group also makes it useful in studies involving photochemical reactions or as a probe in biochemical assays.