This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of pharmaceutical agents. Its structure, featuring a cyclopropane ring and a trifluoromethylphenyl group, makes it valuable for developing compounds with potential biological activity. It is often explored in the creation of molecules targeting central nervous system disorders, such as antidepressants or anxiolytics, due to its ability to interact with specific neurotransmitter systems. Additionally, its unique chemical properties make it a candidate for research in drug discovery programs aimed at identifying novel therapeutic agents for various diseases.