This compound is primarily utilized in the field of organic synthesis, particularly in the development of pharmaceuticals. It serves as a key intermediate in the production of complex molecules, especially those targeting protease enzymes. Its structure, featuring both a cyclopropyl and vinyl group, makes it valuable for constructing constrained peptide mimetics, which are crucial in drug design for enhancing stability and bioavailability. Additionally, it is employed in the synthesis of small molecule inhibitors that can modulate biological pathways, making it relevant in the discovery of treatments for diseases such as cancer, viral infections, and inflammatory disorders. Its application extends to medicinal chemistry research, where it aids in the exploration of novel therapeutic agents.