This compound is primarily utilized in the synthesis of chiral intermediates for pharmaceutical applications. It serves as a key building block in the production of biologically active molecules, particularly in the development of drugs targeting cardiovascular and metabolic disorders. Its chiral nature allows for the creation of enantiomerically pure compounds, which are crucial for enhancing drug efficacy and reducing side effects. Additionally, it is employed in organic synthesis for the preparation of complex molecules with potential therapeutic properties. Its cyclopropyl group contributes to the stability and unique reactivity of the resulting compounds, making it valuable in medicinal chemistry research.