Used as a key chiral intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) drugs. Its rigid cyclopropane structure and defined stereochemistry make it valuable for designing enzyme inhibitors and receptor modulators. Commonly employed in the preparation of antihypertensive and antipsychotic compounds due to its ability to enhance metabolic stability and binding selectivity. Also utilized in asymmetric synthesis to transfer chirality in complex molecule construction.