Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and biologically active compounds. Its strained cyclopropane ring and functional groups make it valuable for building complex molecules with specific stereochemistry. Commonly employed in the development of antiviral and antibacterial agents due to its ability to mimic peptide bonds and enhance metabolic stability. Also utilized in agrochemical synthesis for creating structurally novel pesticides and herbicides. Its amide and hydroxymethyl functionalities allow for further chemical modifications, enabling diverse applications in medicinal chemistry and drug design.