Used primarily in pharmaceutical research as a key intermediate in the synthesis of antiviral and antiparasitic agents. Shows particular relevance in the development of drugs targeting RNA viruses due to its ability to interfere with viral replication mechanisms. Its iodinated structure allows for radiolabeling, making it useful in tracer studies to monitor drug distribution and binding in biological systems. Also investigated for oncology applications owing to its selective activity against certain tumor cell lines by inducing apoptosis through mitochondrial pathways. The cyclopropyl and isoxazole moieties enhance metabolic stability and bioavailability, making it a favorable scaffold in medicinal chemistry for optimizing lead compounds.