Used as a key intermediate in organic synthesis, particularly in the pharmaceutical industry for constructing cyclopropane-containing compounds. Its reactive bromomethyl group allows for easy functionalization through nucleophilic substitution, making it valuable in the preparation of bioactive molecules and drug candidates. Commonly employed in the synthesis of prostaglandin analogs and other medicinally relevant structures where the cyclopropane ring enhances metabolic stability and binding affinity. Also utilized in agrochemical synthesis for developing novel pesticides with improved activity and selectivity.