This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring a cyclopropyl group attached to a biphenyl moiety, makes it valuable for constructing pharmacologically active compounds, particularly in the development of drugs targeting neurological disorders. Additionally, it is employed in materials science for the synthesis of advanced organic materials with potential applications in optoelectronics and liquid crystal displays. Its unique chemical framework also allows for its use in catalytic processes, where it can act as a ligand or precursor in asymmetric synthesis, enhancing the efficiency and selectivity of chemical reactions.