Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid functional group facilitates coupling with aryl halides, making it valuable in the preparation of complex aromatic compounds and conjugated systems for materials science and medicinal chemistry. The cyclopentenyl-phenyl structure offers unique steric and electronic properties that can influence reactivity and selectivity in synthetic pathways.