This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of pharmaceutical agents. Its structure, featuring a cyclopropane ring and a fluorophenyl group, makes it a valuable building block for developing molecules with potential biological activity. It is often explored in the design of drugs targeting specific enzymes or receptors, particularly in the development of anti-inflammatory, anticancer, or central nervous system (CNS) therapies. Additionally, its carbamate and ester functional groups allow for further chemical modifications, enabling researchers to optimize the pharmacokinetic and pharmacodynamic properties of drug candidates. Its application is also seen in agrochemical research for creating novel pesticides or herbicides with improved efficacy and selectivity.