Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid group facilitates coupling with aryl halides, making it valuable in creating biaryl compounds for drug discovery and materials science. The presence of a chlorobenzyl ether moiety adds structural diversity, useful in designing bioactive molecules. Commonly employed in research settings for the synthesis of potential therapeutic agents and functional organic materials.