This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, especially in the pharmaceutical industry. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of drug candidates, agrochemicals, and advanced materials. Additionally, its specific structure, including the chloro, cyano, and cyclopropyl groups, allows for the creation of compounds with unique biological activities, often targeting enzymes or receptors in medicinal chemistry research.