Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceutical compounds. It serves as a building block in the development of bioactive molecules due to the presence of both nitro and benzyl ether functional groups, which can be selectively modified. Commonly employed in the synthesis of analgesic and anti-inflammatory agents, as well as in the development of kinase inhibitors. Its structure allows for further transformations such as reduction of the nitro group, deprotection of the benzyl ether, and acyl modifications, making it valuable in medicinal chemistry research.