This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological and psychiatric disorders. Its structural framework is often incorporated into the design of potential therapeutic agents due to its ability to interact with specific biological receptors. Additionally, it is explored in the development of novel antidepressants and anxiolytics, leveraging its unique cyclopropane ring and dimethylamino group to modulate neurotransmitter systems. Researchers also investigate its application in the creation of chiral compounds, where its stereochemistry plays a crucial role in enhancing drug efficacy and selectivity.