Primarily utilized in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its unique structure, featuring an aminocyclopropyl group, makes it valuable for constructing complex molecules, particularly in the development of drugs targeting neurological and cardiovascular diseases. Additionally, it is employed in the synthesis of agrochemicals, where it contributes to the creation of compounds with enhanced efficacy and specificity. Its role in catalysis and material science is also notable, as it aids in the development of novel polymers and coatings with improved properties.