Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Its cyclopropane structure with methoxyphenyl and ester groups makes it valuable in constructing complex molecules, especially in the development of bioactive compounds. Commonly employed in research settings for creating analogs of natural products and potential drug candidates. The trans configuration enhances stereochemical stability, useful in asymmetric synthesis. Also applied in the preparation of fragrances and flavoring agents due to its aromatic character and ester functionality.