This compound is primarily utilized in organic synthesis as a key intermediate in the preparation of more complex molecules, particularly in the field of medicinal chemistry. Its boronate ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This reaction is essential in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, the compound’s structure, featuring a cyclohexane moiety, contributes to its potential use in designing molecules with specific steric and electronic properties, which can be crucial for drug discovery and optimization. Its applications also extend to the synthesis of boron-containing compounds, which are increasingly relevant in areas such as cancer therapy and imaging agents.