Used primarily as an intermediate in organic synthesis, particularly in the preparation of pharmaceutical compounds. Its structure allows for selective transformations due to the presence of masked functional groups, making it valuable in constructing complex molecules. Commonly employed in prodrug design, where the acetoxy groups can be cleaved enzymatically in vivo to release active metabolites. Also utilized in the development of antiviral and anticancer agents, where cyclopropyl motifs enhance metabolic stability and bioavailability. Suitable for esterification and hydrolysis reactions under controlled conditions, enabling its incorporation into larger molecular frameworks.