Used as an intermediate in pharmaceutical synthesis, particularly in the preparation of kinase inhibitors and other biologically active compounds. Its boronic acid functionality enables Suzuki-Miyaura cross-coupling reactions, allowing for the formation of carbon-carbon bonds in complex organic molecules. Commonly employed in research settings for the development of new drug candidates, especially in oncology and inflammatory disease areas. Also utilized in the synthesis of agrochemicals and functional materials where aryl-aryl linkages are required.