This chemical is primarily used in organic synthesis, particularly in the preparation of complex molecules in pharmaceutical research. It serves as a key intermediate in the development of cyclopropane-containing compounds, which are valuable in drug discovery due to their unique three-membered ring structure. The tert-butoxycarbonyl (Boc) protecting group ensures selective reactivity during multi-step synthesis, while the vinyl group allows for further functionalization through various reactions like cross-coupling or cycloaddition. Its application is significant in creating bioactive molecules, including potential therapeutic agents targeting specific diseases.