Used primarily in the synthesis of pharmaceuticals and agrochemicals, it serves as a key intermediate in the production of compounds with potential therapeutic properties. Its structure allows for further chemical modifications, making it valuable in the development of new drugs, particularly those targeting bacterial infections and other microbial diseases. Additionally, it is employed in research settings to study chemical reactions and mechanisms involving nitro and hydroxy groups on heterocyclic compounds. Its role in the creation of advanced materials and specialty chemicals is also noteworthy, contributing to innovations in various industrial applications.