Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key building block for forming carbon-carbon bonds in organic synthesis. Its boronate ester group readily participates in palladium-catalyzed couplings with aryl or vinyl halides, making it valuable in the preparation of complex organic molecules, particularly in pharmaceutical and agrochemical research. The presence of a cyclohexene ring with an ester functionality allows for further structural modifications, enabling the synthesis of diverse cyclic compounds. Its stability and reactivity profile make it suitable for use in late-stage functionalization during drug discovery and development.