This compound is primarily utilized in organic synthesis as an intermediate in the production of various pharmaceuticals and bioactive molecules. Its structure, featuring both acetyl and nitro groups, makes it a valuable precursor in the development of compounds with potential therapeutic properties. It is often employed in research settings to study chemical reactions involving amine and nitro functionalities, aiding in the creation of new drugs or chemical entities. Additionally, its derivatives may be explored for their potential applications in medicinal chemistry, particularly in the design of molecules targeting specific biological pathways or receptors.