Used in the synthesis of pharmaceuticals, particularly in the development of compounds targeting neurological disorders. Acts as a key intermediate in the production of cyclopropyl-containing drugs, which are known for their bioactivity. Also employed in the creation of agrochemicals, contributing to the development of pesticides and herbicides. Its unique structure allows for the introduction of cyclopropyl groups into complex molecules, enhancing their stability and efficacy. Additionally, it finds application in organic synthesis, facilitating the construction of diverse chemical frameworks for research and industrial purposes.