This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key intermediate for constructing complex cyclopropane-containing molecules. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of carbon-carbon bonds in pharmaceutical and agrochemical research. Additionally, the cyclopropane ring in its structure is valuable for developing bioactive compounds, as cyclopropanes are known to enhance metabolic stability and potency in drug molecules. Its application also extends to materials science, where it contributes to the synthesis of advanced polymers and functional materials.