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 metal-catalyzed coupling with aryl halides, making it valuable in creating complex aromatic compounds. Commonly applied in medicinal chemistry for constructing bioactive molecules and drug candidates. Also utilized in the preparation of sensors and functional materials due to its selective reactivity with diols and amines.