Used as a key chiral building block in the synthesis of biologically active compounds, particularly in pharmaceuticals and agrochemicals. Its strained bicyclic structure and stereochemistry make it valuable for constructing complex molecules with defined 3D architecture. Commonly employed in asymmetric synthesis and ring-expansion reactions to access cyclopropane-containing targets, which are often found in natural products and drug candidates. Also utilized in the development of specialty intermediates for fragrances and functional materials due to its rigid scaffold and reactivity profile.