Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of biologically active compounds. Its strained cyclopropane ring and electron-withdrawing trifluoromethyl group enhance reactivity and metabolic stability, making it valuable in medicinal chemistry. Commonly employed in the preparation of fluorinated analogs to improve lipophilicity and bioavailability of drug candidates. Also utilized in the design of specialty chemicals where fluorine substitution imparts desired physical or biological properties.