Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports the formation of biologically active molecules that target specific signaling pathways in tumor cells. Also employed in agrochemical research for designing novel pesticides due to its reactivity and ability to form complex heterocyclic systems. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies involving pyrrole-based derivatives.