This compound is primarily utilized in pharmaceutical research and development, particularly as an intermediate in the synthesis of biologically active molecules. Its structure, featuring a pyrrolopyridine moiety, makes it valuable for designing compounds targeting various therapeutic areas, such as oncology and central nervous system disorders. Researchers often employ it in medicinal chemistry to explore its potential as a building block for kinase inhibitors, which are crucial in cancer treatment. Additionally, its dihydropyridine component is of interest in drug discovery for its potential role in modulating calcium channels, which can be relevant in cardiovascular and neurological therapies. Its use in organic synthesis also extends to the development of novel heterocyclic compounds with potential pharmacological activities.