Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in drug development. Its boronic acid group facilitates the coupling with aryl halides, enabling the creation of complex molecules. Additionally, it finds application in the synthesis of bioactive compounds targeting neurological and cardiovascular diseases. Its cyclopropyl and piperidine moieties contribute to enhanced binding affinity and selectivity in drug-receptor interactions.