This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate. Its boronic ester functionality makes it valuable in Suzuki-Miyaura reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. The cyclopropane sulfonyl group enhances its stability and reactivity, making it suitable for applications in pharmaceutical research and development. It is often employed in the preparation of biologically active compounds, including potential drug candidates, due to its ability to introduce specific structural motifs into target molecules. Additionally, its unique structure allows for further functionalization, making it a versatile building block in medicinal chemistry and material science.