Used primarily in organic synthesis, this compound serves as an intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows it to participate in reactions that form complex molecules, particularly those requiring the introduction of cyclopropyl groups. Additionally, it is employed in the development of active ingredients for drugs targeting neurological disorders and in the creation of pesticides with specific action mechanisms. Its versatility in chemical reactions makes it valuable for researchers and industries focused on innovation in medicinal and agricultural chemistry.