Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to construct biaryl and heterobiaryl compounds. Its bromo and cyano functional groups allow for further selective transformations, making it valuable in pharmaceutical and agrochemical research. The boronic acid group enables palladium-catalyzed coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Commonly employed in the development of complex aromatic structures found in bioactive molecules and functional materials.