Used in pharmaceutical research as a key intermediate for synthesizing biologically active compounds, particularly in the development of central nervous system agents. Its cyclopropane scaffold with a trans configuration enhances structural rigidity, making it valuable in designing selective receptor ligands. Commonly employed in studies related to serotonin and dopamine pathways due to the aryl bromide functionality allowing further derivatization via cross-coupling reactions. Also utilized in the synthesis of novel antidepressants and anxiolytic agents.