Used as a key intermediate in the synthesis of pharmaceuticals and biologically active compounds, particularly in the development of kinase inhibitors and antitumor agents. Its structure supports the construction of complex heterocyclic systems found in medicinal chemistry. Commonly employed in research settings for designing new drug candidates targeting cancer and inflammatory diseases. Also utilized in agrochemical research for developing novel pesticides due to its favorable reactivity and ability to mimic natural pyrrole-containing compounds.