Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the development of complex organic molecules. The presence of a methoxycarbonyl-functionalized chroman scaffold adds structural diversity, useful in medicinal chemistry for designing bioactive compounds. Commonly applied in research settings for drug discovery and synthesis of heterocyclic compounds with potential biological activity.