Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid group facilitates coupling with aryl halides, making it valuable in creating complex aromatic structures. Commonly applied in the synthesis of bioactive molecules and functional materials where precise molecular architecture is required. The acetyl and methyl substituents allow for further functionalization, enhancing its utility in medicinal chemistry and drug discovery pathways.