This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura couplings. Its boronate ester group makes it a valuable intermediate for constructing complex organic molecules, especially in pharmaceuticals and agrochemicals. The cyclopropane ring and nitrile group further enhance its reactivity, enabling the formation of diverse carbon-carbon bonds. It is often employed in the development of drug candidates, where its structure allows for precise modifications to achieve desired biological activity. Additionally, it is used in material science for creating advanced polymers and functional materials.