Used as a key intermediate in the synthesis of certain pharmaceuticals, particularly in the production of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system (CNS) active agents. Its chiral cyclopropane structure enables enhanced binding selectivity to biological targets, improving drug efficacy and reducing side effects. Commonly employed in the development of antidepressants and anxiolytic drugs due to its ability to modulate neurotransmitter activity. Also utilized in research settings for the design of novel bioactive molecules where stereochemistry plays a critical role in pharmacological action.