This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of potential pharmaceutical agents, especially those targeting infectious diseases and cancer. Researchers often employ it to create quinoline derivatives, which are known for their antimicrobial, antifungal, and antitumor properties. Additionally, its nitro and ester functional groups make it a versatile building block for further chemical modifications, enabling the exploration of novel drug candidates with improved efficacy and selectivity.