Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active ingredients for drugs targeting central nervous system disorders. Its structure allows for the formation of complex organic molecules through aldehyde functional group reactions, such as reductive amination or condensation reactions. Commonly employed in the preparation of cyclopropyl-containing analogs to improve metabolic stability and binding affinity in drug candidates. Also utilized in agrochemicals for the design of novel pesticides and herbicides due to its unique ring strain and reactivity profile.