This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a crucial boronic acid reagent, enabling the formation of carbon-carbon bonds in the presence of a palladium catalyst. This reaction is widely employed in the pharmaceutical industry for the synthesis of complex molecules, including drug intermediates and active pharmaceutical ingredients (APIs). Additionally, it finds application in material science for the development of organic electronic materials and polymers. Its cyclopropyl and morpholino groups contribute to its stability and reactivity, making it a valuable building block in the construction of diverse chemical structures.