Widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. Its boronate ester group acts as a key coupling partner with aryl or vinyl halides, making it valuable in pharmaceutical and agrochemical research for constructing complex aromatic structures. The acetic acid functionality allows for further derivatization or conjugation, useful in the development of bioactive molecules and functional materials. Its stability and reactivity profile make it a preferred building block in medicinal chemistry and materials science.