Used as an intermediate in organic synthesis, particularly in the development of heterocyclic compounds with potential biological activity. Shows promise in pharmaceutical research due to its structural features that support antimicrobial and antitumor properties. Commonly employed in Schiff base reactions to form metal complexes with catalytic or medicinal applications. Also investigated for its role in materials science, especially in designing sensors and optoelectronic materials, owing to its conjugated system and electron-withdrawing nitro group.