Used primarily in organic synthesis, this compound serves as a key intermediate in the development of various pharmaceuticals and agrochemicals. Its structure, featuring a pyrazole ring, makes it valuable for designing molecules with potential biological activity. It is often employed in the synthesis of compounds targeting enzymes or receptors, particularly in the creation of inhibitors or modulators. Additionally, its nitro and bromo functional groups allow for further chemical modifications, enabling the production of diverse derivatives for research and industrial applications.