Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceutical compounds. Its structure features a cyclopropane ring with a free hydroxymethyl group and a protected benzyloxymethyl group, enabling selective functionalization at the unprotected hydroxyl for building complex molecules. The protecting group can be removed to reveal a second hydroxyl. Commonly employed in the development of antiviral and antibacterial agents due to its ability to serve as a scaffold mimicking certain bioactive moieties. Also utilized in the synthesis of cyclopropane-containing analogs that enhance metabolic stability in drug candidates.