This compound is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the development of pharmaceuticals and agrochemicals due to its reactive bromine and nitro functional groups, which allow for further chemical modifications. Its structure makes it valuable in constructing complex molecules, particularly in the synthesis of heterocyclic compounds. Additionally, it is used in research settings to study nucleophilic substitution reactions and to explore potential bioactive molecules. Its applications are particularly significant in medicinal chemistry, where it contributes to the creation of novel drug candidates.