Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active ingredients for anti-inflammatory and analgesic drugs. Its structure allows for selective functionalization, making it valuable in constructing complex organic molecules. Commonly employed in cross-coupling reactions to introduce cyclopropyl-containing aromatic systems, which can enhance metabolic stability and binding affinity in drug candidates. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and selectivity.