Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in cross-coupling reactions like Suzuki-Miyaura coupling, which is essential for creating pharmaceuticals and advanced materials. Its boronic acid group enables efficient formation of carbon-carbon bonds, making it valuable in developing drugs targeting specific biological pathways. Additionally, it finds application in material science for designing organic electronic components and polymers with tailored properties. Its cyclopropyl and piperidine moieties contribute to its stability and reactivity in diverse chemical transformations.