Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of certain antihypertensive and anti-inflammatory drugs. It serves as a building block in organic reactions where nitro and hydroxy functional groups allow for further chemical modifications. Commonly employed in the development of pyridine-based derivatives for medicinal chemistry research. Also utilized in agrochemical synthesis for creating herbicides and plant growth regulators due to its reactive structure. Its derivatives may exhibit biological activity, making it valuable in early-stage drug discovery and screening.