Used in organic synthesis as a building block for cross-coupling reactions, particularly in Suzuki-Miyaura coupling, to construct biaryl compounds. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in pharmaceutical and agrochemical research for developing complex aromatic structures. The presence of chlorine and methoxy substituents allows for further functionalization or influences electronic properties in target molecules. Commonly employed in the development of active pharmaceutical ingredients and functional materials.