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 functionality allows for mild, selective coupling with aryl or vinyl halides, making it valuable in the preparation of complex organic molecules, including potential drug intermediates and functional materials. The dihydronaphthalene core can contribute to improved lipophilicity and structural rigidity in target compounds.