This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a cyclopropane ring and a trifluoromethoxy group, makes it valuable in the development of compounds with potential biological activity. It is often employed in the creation of molecules that target specific enzymes or receptors, particularly in the design of anti-inflammatory, antifungal, or antiviral drugs. Additionally, its unique chemical properties allow it to serve as a building block in organic synthesis, enabling the modification of drug candidates to enhance their efficacy, stability, or selectivity. Researchers also explore its use in agrochemicals, where it may contribute to the development of novel pesticides or herbicides with improved performance and reduced environmental impact.