Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its rigid cyclopropane structure combined with an aromatic amine group makes it valuable for designing bioactive molecules with improved metabolic stability and receptor selectivity. It is employed in the preparation of serotonin and dopamine receptor modulators, which are relevant for treating neurological and psychiatric disorders such as depression, anxiety, and schizophrenia. Additionally, it serves as a building block in medicinal chemistry for structure-activity relationship (SAR) studies due to its unique three-dimensional conformation.