Used in the synthesis of pharmaceutical intermediates, particularly in the development of nicotinic acid derivatives with potential biological activity. Serves as a building block in medicinal chemistry for creating compounds that may target central nervous system disorders or exhibit anti-inflammatory properties. Also applied in agrochemical research for designing novel pesticides due to its nitro and carboxylic functional groups, which can be modified to enhance binding and selectivity. Its methoxy and nitro substituents make it suitable for use in cross-coupling reactions and heterocyclic transformations during complex molecule assembly.