Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of fluorinated analogs of bioactive molecules. Its strained cyclopropane ring combined with fluorine substitution enhances metabolic stability and influences lipophilicity, making it valuable in medicinal chemistry for optimizing drug candidates. Commonly employed in the preparation of protease inhibitors and CNS-active compounds where fluorine atoms modulate binding affinity and pharmacokinetic properties. Also utilized in agrochemical research for designing novel pesticides with improved environmental stability and target specificity.