Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of cyclopropane-containing drugs that exhibit biological activity such as antiviral, antibacterial, or central nervous system effects. Its rigid cyclopropane backbone and functional groups make it valuable in medicinal chemistry for enhancing metabolic stability and binding selectivity. Commonly employed in the development of enzyme inhibitors and receptor modulators due to its ability to mimic peptide bonds or constrain molecular conformation. Also utilized in agrochemicals for designing bioactive molecules with improved potency and environmental stability.