Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anticonvulsant and anti-inflammatory agents. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for designing new bioactive molecules. Also employed in the preparation of coordination compounds with metal ions, which are studied for their potential catalytic or antimicrobial properties. Additionally, it serves as a building block in heterocyclic chemistry research due to its stable triazole core and electron-withdrawing nitro group.