Used as a key intermediate in organic synthesis, particularly in pharmaceuticals and agrochemicals. Its alkyne functionality allows for coupling reactions, such as Sonogashira or click chemistry, enabling the construction of complex molecular structures. The ester group facilitates further transformation, such as hydrolysis or reduction, making it valuable in multi-step synthesis. Commonly employed in the development of bioactive molecules where the cyclopropyl and alkyne groups contribute to target binding or metabolic stability.