Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. The boronate ester group enables efficient carbon-carbon bond formation under mild conditions, allowing for the construction of biaryl and substituted aromatic systems. Its tert-butyl carbamate (Boc) protected amine group provides stability during reactions and can be easily deprotected to release the free amine for further functionalization. Due to the strained cyclopropane ring, it also contributes to the stereochemical control in target molecules, making it valuable in the development of bioactive compounds with specific three-dimensional architectures.