This chemical is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. Its structure, featuring a cyclopropyl ring and a hydroxyl group, makes it a valuable building block for creating molecules with potential therapeutic effects. Researchers often employ it in the design of inhibitors or modulators for specific enzymes or receptors, contributing to the development of new treatments for conditions such as depression, anxiety, and neurodegenerative diseases. Additionally, its stability and reactivity allow for further functionalization, enabling the creation of diverse drug candidates with optimized properties.