Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its boronic acid functionality enables participation in Suzuki-Miyaura cross-coupling reactions, making it valuable in medicinal chemistry for constructing carbon-carbon bonds. Commonly employed in research settings for the preparation of drug candidates targeting cancer, inflammation, and central nervous system disorders. The presence of the chloro and methyl substituents influences reactivity and binding selectivity in final active compounds.