Used as a key intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of drugs targeting specific enzymes or receptors. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. This chemical is also employed in the production of agrochemicals, where it contributes to the creation of herbicides or pesticides with enhanced efficacy. Additionally, it serves as a building block in materials science for designing advanced polymers or functional materials with tailored properties. Its cyclopropyl group can impart unique steric and electronic effects, making it useful in medicinal chemistry for optimizing drug candidates.