Used as a key intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. This reaction is widely employed in the pharmaceutical industry to create complex biaryl compounds, which are essential in the development of various drugs. The compound’s unique structure, featuring a cyclopropyl group and a boronic acid moiety, allows for precise control in forming carbon-carbon bonds, making it valuable in constructing molecules with specific biological activities. Additionally, it finds application in material science for the synthesis of advanced organic materials, such as polymers and liquid crystals, where its reactivity and stability are advantageous. Its use in research and development continues to grow due to its versatility in creating novel chemical entities.