Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to construct biaryl compounds which are key intermediates in pharmaceuticals and agrochemicals. Its boronic acid functionality allows for efficient carbon-carbon bond formation under mild conditions. Commonly employed in the development of drug candidates where aryl boronic derivatives serve as building blocks for inhibitors or active pharmaceutical ingredients. Also utilized in materials science for designing organic semiconductors and conjugated polymers due to its stability and reactivity profile.