Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of centrally acting drugs. Its cyclopropane scaffold with a trans configuration enhances metabolic stability and influences receptor binding selectivity. Commonly employed in the preparation of nootropic and neuroprotective compounds due to its ability to modulate neurotransmitter systems. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies, helping optimize drug candidates targeting cognitive disorders and neurological diseases.