Used primarily in the synthesis of pharmaceuticals, this compound plays a key role in the development of various medicinal drugs. Its structure is valuable in creating active ingredients for treatments targeting bacterial infections, making it significant in antibiotic research. Additionally, it serves as an intermediate in organic synthesis, contributing to the production of complex molecules in chemical industries. Its nitro and carboxylic acid groups make it versatile for further chemical modifications, enhancing its utility in drug discovery and development processes.