This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent. Its structure, featuring a cyano group and a pyrimidine ring, makes it a valuable building block for constructing complex molecules, especially in pharmaceutical research and drug development. The boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds, such as potential kinase inhibitors or other therapeutic agents. Additionally, its aromatic system allows for further functionalization, making it versatile in designing molecules with specific electronic or steric properties. It is also explored in materials science for creating advanced organic materials, such as polymers or small-molecule semiconductors, due to its ability to participate in diverse chemical transformations.