Used in organic synthesis as a key intermediate for the preparation of pharmaceuticals and agrochemicals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds to create complex molecules. Its boronic acid group facilitates the coupling with aryl or vinyl halides, making it essential in the development of drugs, bioactive compounds, and materials. Additionally, it is employed in the synthesis of heterocyclic compounds, which are widely used in medicinal chemistry for their diverse biological activities. Its cyclopropyl group adds steric and electronic properties, enhancing the stability and reactivity of the final products.