Used as a key intermediate in the synthesis of pharmaceuticals and biologically active compounds, particularly in the development of kinase inhibitors and antiviral agents. Its structure supports the construction of complex heterocyclic systems found in drug candidates. Commonly employed in medicinal chemistry for building pyrrole-based scaffolds, which are prevalent in anticancer, anti-inflammatory, and antimicrobial drugs. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its favorable reactivity and derivatization potential.