Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid group facilitates metal-catalyzed coupling with aryl halides, making it valuable in creating complex aromatic structures. The presence of hydroxy and methyl groups enhances reactivity and directs substitution patterns in heterocycle synthesis. Commonly employed in the preparation of bioactive molecules and functional materials requiring tailored aromatic frameworks.