Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of bioactive molecules with constrained ring systems. Its rigid cyclopropane backbone enhances metabolic stability and influences stereochemistry in drug candidates. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies, especially in optimizing potency and selectivity of central nervous system (CNS) agents. Also utilized in agrochemical research for designing novel pesticides with improved environmental profiles.