Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and antihypertensive drugs. Its rigid cyclopropane ring bearing a pyridyl substituent makes it valuable in medicinal chemistry for enhancing metabolic stability and binding selectivity. Commonly employed in the preparation of chiral ligands and catalysts for asymmetric synthesis. Also utilized in agrochemical research for designing novel pesticides with improved activity and environmental profiles.