This compound is primarily utilized in organic synthesis as a building block for more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic properties. The bromophenyl group makes it a valuable intermediate in cross-coupling reactions, such as Suzuki or Heck reactions, which are essential in drug discovery and material science. Additionally, its cyclopropane ring structure can be leveraged to design molecules with unique steric and electronic properties, useful in studying biological interactions or developing novel materials. Its applications are particularly relevant in medicinal chemistry for targeting specific biological pathways or receptors.