Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form biaryl compounds. Its boronic acid group enables efficient carbon-carbon bond formation, making it valuable in drug discovery for constructing complex aromatic structures. The presence of chloro and methoxy substituents offers additional sites for further functionalization or modulation of biological activity. Commonly applied in the development of bioactive molecules and functional materials requiring specific electronic and steric properties.