Used in organic synthesis as an intermediate for pharmaceuticals, particularly in the development of central nervous system agents. Its cyclopropyl structure with 3,4-dimethoxyphenyl and hydroxymethyl groups makes it valuable for constructing bioactive molecules. Commonly employed in the preparation of analogs for dopamine or serotonin receptor modulators. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies due to its rigid framework that influences conformational restriction in drug candidates.