This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex molecules, including pharmaceuticals and agrochemicals. It is often employed in the development of drug candidates, where it serves as a key intermediate for introducing the pyridine moiety into target molecules. Additionally, its cyclopropyl group can impart unique steric and electronic properties, enhancing the biological activity of the final compounds. Researchers also use it in material science to create novel organic materials with specific properties.