Used primarily as a reagent in organic synthesis, this compound is especially valuable in the preparation of cyclopropane-containing molecules through metal-catalyzed coupling reactions. It serves as a versatile building block in pharmaceutical chemistry due to the strained ring system, which can enhance biological activity in drug candidates. Its structure allows for selective transformations, making it useful in the synthesis of complex natural products and bioactive compounds. The N-methoxy-N-methyl amide group stabilizes enolate intermediates, facilitating carbon-carbon bond formation under mild conditions. It is also employed in directed ortho-metalation strategies and cross-coupling reactions where cyclopropyl groups act as rigid spacers or conformational constraints.