Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and receptor modulators. Its structure allows for the introduction of cyclopropylmethyl groups into larger molecules, enhancing metabolic stability and binding affinity. Commonly employed in the preparation of experimental compounds targeting neurological disorders and inflammatory conditions. Also utilized in medicinal chemistry research for structure-activity relationship (SAR) studies due to its phenolic and ether functionalities.