Used as a key intermediate in organic synthesis, particularly in the preparation of cyclopropane-containing pharmaceuticals and agrochemicals. Its ester groups allow for further functionalization, enabling the construction of complex molecules. Commonly employed in the synthesis of active pharmaceutical ingredients (APIs) where the cyclopropane ring enhances metabolic stability and bioavailability. Also utilized in the development of specialty polymers and as a building block in medicinal chemistry research for designing novel drug candidates.