Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid functionality allows for mild and selective coupling with aryl or vinyl halides, making it valuable in constructing complex organic molecules. Particularly useful in the synthesis of functionalized chromans, which are structural motifs in bioactive compounds and antioxidants. Also employed in materials science for designing boron-containing organic frameworks with potential applications in sensing and catalysis.