Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and analgesic drugs. Its rigid cyclopropane structure and aromatic substitution pattern make it valuable for modifying the metabolic stability and binding affinity of active compounds. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its ability to influence potency and selectivity in drug candidates. Also utilized in the preparation of analogs for biological evaluation in central nervous system (CNS) targeting therapies.