Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in the development of organic light-emitting diodes (OLEDs) and other optoelectronic materials. Its anthracene core provides strong fluorescence, making it valuable in designing fluorescent sensors and probes. The boronic acid group allows for selective binding to diols, enabling applications in saccharide detection and bioimaging. Also employed in the construction of conjugated polymers and molecular frameworks for use in organic semiconductors and photovoltaic devices.