Used as a key intermediate in the synthesis of pharmaceuticals and bioactive compounds, particularly in the development of pyrrole-based drugs. Its structure supports the construction of complex heterocyclic systems found in anti-inflammatory, antimicrobial, and anticancer agents. Also employed in organic synthesis for building functionalized pyrroles used in materials science, including conductive polymers and organic semiconductors. Its ester group allows for easy modification, making it valuable in medicinal chemistry for structure-activity relationship studies.