Used in organic synthesis as a versatile intermediate for the preparation of various pharmaceuticals and agrochemicals. It plays a role in the development of compounds with potential biological activity, particularly in the design of enzyme inhibitors and receptor modulators. Its cyclopropyl group contributes to the stability and specificity of the resulting molecules, making it valuable in medicinal chemistry research. Additionally, it can be employed in the synthesis of novel heterocyclic compounds, which are often explored for their therapeutic properties.