Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of cyclopropane-containing analogs for pharmaceutical and agrochemical research. The bromomethyl group enables further functionalization through nucleophilic substitution, making it valuable for building complex molecular structures. Its ester functionality allows for transformation into carboxylic acids, amides, or alcohols, supporting its role in multi-step synthesis. Particularly useful in medicinal chemistry for developing bioactive molecules where ring strain and steric effects influence activity.