Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the design of drugs targeting specific enzymes or receptors, often in the context of anti-inflammatory or anticancer therapies. Researchers also explore its potential in creating novel compounds with enhanced pharmacological properties, leveraging its nitro and carboxylic acid functional groups for further chemical modifications. Additionally, it may be employed in the study of biochemical pathways to better understand disease mechanisms.