Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a stable and selective boron reagent in complex organic synthesis. Its MIDA (N-methyliminodiacetic acid) protecting group enhances shelf stability and allows for iterative cross-coupling strategies, making it valuable in pharmaceutical and agrochemical research. The iodine handle enables sequential functionalization, facilitating the construction of biaryl and heterobiaryl structures found in bioactive molecules. It is particularly useful in automated synthesis and library generation due to its robustness and controlled reactivity under mild conditions.