This compound is primarily utilized in organic synthesis and pharmaceutical research, particularly in the development of new drugs and bioactive molecules. Its boronic acid functional group makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This reaction is crucial in constructing complex organic molecules, including potential therapeutic agents. Additionally, the compound's structure, featuring a tert-butyl group, enhances its stability and solubility in organic solvents, making it suitable for use in various chemical transformations. Researchers also explore its potential in designing enzyme inhibitors or receptor ligands due to its ability to interact with biological targets. Its application extends to materials science, where it may be used in the synthesis of advanced polymers or functionalized materials.