Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, including antidepressants and anxiolytics. Additionally, it finds application in the preparation of compounds with potential antimicrobial and antiviral properties. Its cyclopropyl and hydroxyl groups make it a versatile building block for creating complex molecules with specific biological activities. Researchers also explore its use in designing prodrugs to enhance drug delivery and bioavailability.