This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a trifluoromethylphenyl group and a cyclopropane ring, makes it valuable for developing molecules with potential biological activity. It is often employed in the design of drugs targeting inflammation, central nervous system disorders, or metabolic diseases, as the trifluoromethyl group enhances the compound's stability and binding affinity to biological targets. Additionally, it serves as a building block in organic synthesis for creating complex molecules with specific functional properties.