Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules targeting central nervous system disorders. Its structure allows for cross-coupling reactions, making it valuable in constructing complex organic molecules. Commonly employed in the preparation of serotonin receptor modulators and other neuroactive compounds. Also utilized in agrochemical research for designing novel pesticides with improved selectivity. The cyclopropylmethoxy group enhances metabolic stability in final products, which is advantageous in drug design.