Used in organic synthesis as an intermediate for pharmaceuticals and biologically active compounds. Its structure supports the development of nitrogen-containing heterocycles, which are common in drug discovery. Commonly employed in the preparation of pyrrole-based derivatives for research in medicinal chemistry, particularly in studies related to central nervous system agents and enzyme inhibitors. Also utilized in the design of novel compounds with potential anticonvulsant or antidepressant activity. Serves as a building block in the synthesis of complex polycyclic systems due to its reactive pyrrole core and ester functionality.