This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceuticals and agrochemicals. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are essential in drug development. Additionally, its unique structure, featuring a cyano and cyclopropyl group, makes it valuable in creating compounds with specific biological activities, such as enzyme inhibitors or receptor modulators. It is also employed in material science for designing advanced polymers and organic electronic materials.