This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Additionally, it finds application in the development of bioactive compounds and materials science, where its structural properties contribute to the design of novel polymers and catalysts. Its cyclopropyl and imidazole moieties further enhance its utility in medicinal chemistry, particularly in drug discovery and development.