Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its boronate ester group facilitates coupling with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research for constructing complex organic frameworks. The cyclopentyl and furan moieties contribute to structural diversity, enhancing its utility in developing bioactive molecules and functional materials.