Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure supports the formation of pyridine-based derivatives with potential antitumor and antimicrobial activities. Commonly employed in research settings for constructing complex heterocyclic systems through cross-coupling or nucleophilic substitution reactions. Suitable for use in medicinal chemistry for optimizing lead compounds due to the presence of reactive iodine and electron-withdrawing nitro groups.