This compound is primarily utilized in organic synthesis, particularly in the development of pharmaceuticals and advanced materials. Its structure, featuring a biphenyl group conjugated with an acrylic acid moiety, makes it a valuable intermediate for constructing complex molecules. It is often employed in the synthesis of bioactive compounds, including potential drug candidates, due to its ability to participate in various chemical reactions such as coupling, esterification, and polymerization. Additionally, its conjugated system is advantageous in the design of organic electronic materials, such as semiconductors or light-emitting diodes (LEDs), where electron delocalization is critical. Its applications also extend to the field of polymer chemistry, where it can be used to create functional polymers with specific optical or mechanical properties.