Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in the preparation of complex organic molecules, particularly in drug discovery and development. The cyclopropoxyphenyl moiety can contribute to improved metabolic stability and binding affinity in bioactive compounds. Commonly employed in late-stage functionalization due to its stability and reactivity profile.