Used in Suzuki-Miyaura cross-coupling reactions as a key building block for synthesizing complex organic molecules, particularly in pharmaceutical and agrochemical research. The presence of both cyano and nitro groups makes it valuable for further functionalization, allowing chemists to introduce diverse substituents. Its boronic acid functionality enables efficient carbon-carbon bond formation under mild conditions, which is widely applied in the development of drug candidates and bioactive compounds. Commonly employed in medicinal chemistry for constructing aromatic frameworks found in active pharmaceutical ingredients.