This compound is primarily used in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting enzyme inhibition and receptor modulation. Its structure is valuable in the creation of potential therapeutic agents for treating diseases such as cancer, inflammation, and neurological disorders. Additionally, it is utilized in organic chemistry as a building block for constructing complex heterocyclic compounds, which are essential in drug discovery and medicinal chemistry. Its nitro and bromo functional groups make it a versatile reagent for further chemical modifications.