Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid functionality enables coupling with aryl halides, making it valuable in drug development for constructing biaryl systems found in active pharmaceutical ingredients. Commonly applied in research settings for creating potential anti-inflammatory, anticancer, and antimicrobial agents. The ethoxycarbonyl group allows further functionalization, enhancing versatility in multi-step organic syntheses.