Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of nicotinic acetylcholine receptor (nAChR) modulators. Its cyclopropane scaffold with a pyridine ring enhances binding selectivity and metabolic stability in neuroactive compounds. Commonly employed in the preparation of potent analogs for treating central nervous system disorders such as depression, anxiety, and cognitive impairments. The ethyl ester group allows for easy functional group manipulation, enabling further derivatization in medicinal chemistry campaigns.