Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. Its boronic acid functionality enables efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of biaryl compounds and functionalized aromatic systems found in active pharmaceutical ingredients (APIs). Also utilized in the development of sensors and functional materials due to its selective reactivity with diols and catecholamines. Stable and compatible with a variety of functional groups, making it valuable in multi-step synthetic routes.