This chemical is primarily utilized in organic synthesis as a building block for creating more complex molecules. Its unique structure, featuring two cyclopropane rings, makes it valuable in the development of pharmaceuticals, particularly in the design of compounds with specific steric and electronic properties. It is often employed in the synthesis of bioactive molecules, including potential drugs targeting enzymes or receptors, due to its ability to influence molecular conformation and interaction. Additionally, it serves as a precursor in the production of specialty chemicals used in materials science, where its rigid structure can contribute to the development of polymers or advanced materials with tailored properties.