This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and psychiatric disorders. Its structure is often incorporated into molecules designed to interact with specific receptors in the brain, such as dopamine or serotonin receptors, making it valuable in the development of potential therapeutic agents. Additionally, it is explored in the creation of novel compounds with potential antimicrobial or anticancer properties, owing to its reactive nitro and fluoro substituents, which can enhance binding affinity and biological activity. Researchers also study its derivatives for their potential use in imaging and diagnostic applications due to its unique chemical properties.