This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of drug candidates. Its boronic acid group enables efficient coupling with aryl halides, making it valuable for creating carbon-carbon bonds. Additionally, it is utilized in material science for synthesizing organic electronic materials and polymers. Its unique structure, combining a cyclopropyl group and a nitrile group, allows for the creation of diverse chemical architectures with potential biological activity.