Used as a key building block in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules where the cyclopropane ring enhances metabolic stability and binding affinity. Its fluorine substituent allows for improved lipophilicity and membrane permeability, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in agrochemicals to create herbicides and pesticides with increased efficacy and environmental stability. The compound's strained ring structure and polar functional group enable unique reactivity in organic transformations, supporting its use in specialty chemical synthesis.