Used primarily as an intermediate in the synthesis of pharmaceuticals and functional materials, this compound serves in the development of bioactive molecules due to the presence of multiple iodine atoms that facilitate further chemical modifications. Its structure supports use in heterocyclic chemistry, particularly in the preparation of pyrrole-based dyes and electronic materials. Additionally, it has potential applications in medicinal chemistry for designing antimicrobial or antitumor agents, leveraging the electron-rich pyrrole core and heavy atom effect from iodine to influence biological activity.