Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. Its boronic acid functionality enables efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of biaryl compounds, which are structural motifs in active pharmaceutical ingredients. Also utilized in the development of novel functional materials and in medicinal chemistry for constructing drug candidates with targeted biological activity. The ethoxycarbonyl group allows for further derivatization, enhancing its versatility in multi-step syntheses.