This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of antiviral and antibacterial agents. The cyclopropyl structure is crucial for its role in inhibiting specific enzymes or proteins in pathogens, making it valuable for drug development. Additionally, its benzyloxy group enhances its stability and reactivity in various chemical transformations, facilitating its use in multi-step synthetic processes. Researchers also explore its potential in creating novel therapeutic compounds targeting infectious diseases.