Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antimicrobial and antitumor properties. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building complex heterocyclic compounds. Commonly employed in cross-coupling reactions and cyclization processes to form polycyclic nitrogen-containing systems found in active pharmaceutical ingredients. Also utilized in the preparation of pyrrole-based dyes and functional materials due to its electron-rich aromatic core.