Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure allows for further functionalization, making it valuable in the development of complex molecules. In medicinal chemistry, it is often employed to create compounds with potential biological activity, particularly in the design of inhibitors or receptor modulators. Additionally, it finds use in research settings for studying reaction mechanisms and developing novel synthetic pathways. Its nitro and bromo groups make it a versatile building block for constructing heterocyclic compounds.