Used as an intermediate in organic synthesis, particularly in the preparation of bioactive molecules and pharmaceuticals. Its cyclopropane ring fused with a phenyl group and appended with a propanoic acid chain makes it valuable for constructing structurally complex compounds, including potential central nervous system agents. It has been explored in the development of monoamine transporter inhibitors, especially those targeting dopamine and norepinephrine reuptake, suggesting relevance in neuropsychiatric drug research. Additionally, its rigid cyclopropyl scaffold contributes to metabolic stability and conformational restriction in medicinal chemistry design.