Used in organic synthesis as a versatile intermediate for the production of pharmaceuticals and fine chemicals. It is particularly valuable in the development of compounds with potential biological activity, such as inhibitors or modulators of enzymes and receptors. The cyclopropanol moiety and amino group provide reactivity for further functionalization, making it useful in the design of complex molecules. It can also be employed in the synthesis of chiral compounds due to its stereocenter, aiding in the creation of enantioselective drugs or catalysts. Additionally, its structure is relevant in materials science for the preparation of specialized polymers or coatings with unique properties.