Used extensively in organic synthesis as a protective group for amines, particularly in the preparation of complex molecules. It is valuable in pharmaceutical research for developing drug intermediates, enabling the creation of compounds with enhanced stability and selectivity. Its cyclopropane ring structure is advantageous in designing molecules with unique conformational properties, making it a key component in the synthesis of bioactive compounds and agrochemicals. Additionally, it serves as a building block in peptide chemistry, facilitating the modification of amino acids for advanced therapeutic applications.