This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of complex molecules, particularly those targeting specific biological pathways. Its structure, featuring a cyclopropane ring and an amino acid ester moiety, makes it valuable for designing inhibitors or modulators of enzymes and receptors.

In pharmaceutical research, it is often employed to create analogs for studying structure-activity relationships (SAR) to optimize drug efficacy and selectivity. Additionally, its unique stereochemistry and functional groups make it suitable for use in asymmetric synthesis, enabling the production of enantiomerically pure compounds. This is particularly important in developing therapeutics with reduced side effects and improved pharmacological profiles.

Beyond pharmaceuticals, it may also find applications in organic synthesis for constructing advanced intermediates in the preparation of agrochemicals or specialty chemicals.