This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the preparation of more complex molecules. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs). Its structure, featuring both a cyclopropyl group and a carboxylic acid moiety, makes it a versatile building block for constructing compounds with potential biological activity. Additionally, it is used in peptide chemistry as a protecting group for amino acids, enabling selective reactions during the synthesis of peptides. Its application extends to research and development, where it aids in the study of novel chemical reactions and the discovery of new therapeutic agents.