Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules with potential antidepressant and anxiolytic properties. Commonly employed in medicinal chemistry for building blocks in drug design due to the stability and conformational restraint offered by the cyclopropane ring. Also utilized in the preparation of selective serotonin reuptake inhibitors (SSRIs) and related analogs. Its amine functionality allows for easy derivatization, making it valuable in combinatorial chemistry and high-throughput screening campaigns.