Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure allows for selective modifications, making it valuable in creating analogs for drug discovery. Commonly employed in the preparation of gamma-aminobutyric acid (GABA) receptor modulators due to the cyclopropane ring enhancing metabolic stability and bioavailability. Also utilized in agrochemical research for designing bioactive molecules with improved potency and selectivity.