Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure allows for selective functionalization, making it valuable in constructing complex aromatic systems in drug discovery. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to introduce the cyclopropyl-substituted aryl moiety into larger bioactive molecules. Also utilized in agrochemical research for designing novel active ingredients with improved metabolic stability.