Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals. It serves as a building block for bioactive molecules due to the strained cyclopropyl ring, which can enhance metabolic stability and binding affinity in drug compounds. Commonly employed in the development of central nervous system agents, including antidepressants and antipsychotics. Also utilized in the synthesis of agrochemicals and specialty chemicals where structural rigidity is beneficial. Its amine functionality allows for easy derivatization, making it valuable in medicinal chemistry research and development.