This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronic acid group enables it to act as a key reagent in forming carbon-carbon bonds, which is essential in constructing complex organic molecules. This makes it valuable in pharmaceutical research for developing new drugs, as well as in material science for creating advanced polymers and functional materials. Its cyclopropyl and imidazole moieties contribute to its stability and reactivity, making it suitable for applications requiring precise molecular architecture.