Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of antiviral and anticancer compounds. Its functional groups allow for selective modifications, making it valuable in medicinal chemistry for building complex molecules. The cyclopropylmethoxy moieties enhance metabolic stability and influence binding affinity in drug candidates. It is also employed in research settings to design enzyme inhibitors due to its ability to mimic aromatic carboxylic acid structures in biological systems.