Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the preparation of hydrazine-based drugs. It serves in the development of antitubercular agents due to the cyclopropyl group enhancing metabolic stability. Also employed in agrochemical synthesis for creating herbicides and plant growth regulators. Its reactivity allows for coupling in heterocycle formation, useful in medicinal chemistry for building nitrogen-containing ring systems. Additionally, it finds use in research laboratories for modifying bioactive molecules and developing novel compounds with improved pharmacokinetic profiles.