This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of more complex molecules, particularly those with potential pharmacological activity. Its structure, featuring a pyrrole ring and diethylaminoethyl group, makes it a valuable building block for developing compounds that target specific biological pathways. Researchers often employ it in the design and optimization of drug candidates, particularly in the development of agents that interact with receptors or enzymes in the central nervous system. Additionally, its carbamoyl and ester functionalities allow for further chemical modifications, enabling the creation of diverse derivatives for screening and testing in drug discovery programs.