This chemical is primarily used in organic synthesis as an intermediate for the development of more complex compounds. It plays a role in the production of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it is utilized in research and development for designing and synthesizing novel pyrazole derivatives, which are explored for their potential therapeutic properties, such as anti-inflammatory, antimicrobial, or anticancer activities. Its nitro and ester functional groups make it a versatile building block in medicinal chemistry.