Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of enzyme inhibitors and receptor modulators. Its boronic acid group facilitates Suzuki-Miyaura cross-coupling reactions, enabling the construction of complex organic molecules. Applied in medicinal chemistry for designing drugs targeting diseases like cancer and inflammation. Also utilized in materials science for creating advanced polymers and coatings with specific functional properties. Its cyclopropyl group enhances stability and reactivity, making it valuable in diverse chemical transformations.