Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form biaryl compounds. Serves as a key intermediate in the development of sensors for glucose detection due to its ability to bind diols selectively. Employed in the preparation of molecularly imprinted polymers for recognition of sugars and nucleosides. Also applied in the synthesis of fluorescent probes and bioconjugation reagents for biomedical research. Its amine and boronic acid functional groups allow dual reactivity, enabling use in multi-component reactions and the construction of complex organic frameworks.