Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its boronic acid functionality enables participation in Suzuki-Miyaura cross-coupling reactions, making it valuable in medicinal chemistry for constructing carbon-carbon bonds. Commonly employed in the preparation of protease inhibitors and targeted cancer therapies. Also utilized in the design of sensors and functional materials due to the reversible interaction of boronic acids with diols, enabling applications in glucose detection and smart drug delivery systems.