Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with potential anti-inflammatory and analgesic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of complex pyrrole-based structures that are common in bioactive molecules. Its ester functionality allows for easy modification, making it valuable in medicinal chemistry for structure-activity relationship studies. Also employed in research settings to develop new central nervous system agents due to the affinity of certain pyrrole derivatives for neurological targets.