This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate in the production of pharmaceuticals, enabling the formation of carbon-carbon bonds with high precision. Its boronic acid group facilitates coupling with aryl or vinyl halides, making it valuable in constructing complex molecules. The cyclopropyl and pyridine moieties contribute to its versatility in designing bioactive compounds, often targeting specific receptors or enzymes in drug development. Additionally, it finds utility in material science for creating advanced organic materials with tailored properties.