Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its strained cyclopropyl ring combined with the polar sulfoxide group makes it valuable for constructing complex molecules through ring-opening or coupling reactions. It serves as a building block in the synthesis of bioactive compounds, including potential antiviral and anti-inflammatory agents. The compound's chirality allows for stereoselective transformations, which are crucial in drug design where specific enantiomers exhibit desired biological activity.