Used as a key intermediate in the synthesis of fluorinated pharmaceuticals, particularly in the development of antiviral and anticancer agents. Its strained cyclopropane ring combined with fluorine atoms enhances metabolic stability and bioavailability in drug candidates. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies to improve potency and resistance profiles. Also utilized in agrochemicals to create more resilient and effective active ingredients. The hydroxyl group allows for easy derivatization, making it versatile for coupling reactions in organic synthesis.