This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. The boronic ester group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biologically active compounds, such as drug candidates targeting various diseases. Its cyclopropyl moiety can enhance the stability and specificity of the resulting molecules, making it valuable in designing drugs with improved efficacy and reduced side effects. Additionally, it is employed in material science for creating advanced organic materials with tailored properties.