Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting neurological disorders and cancer. Plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. Applied in the production of agrochemicals, aiding in the creation of herbicides and pesticides with improved efficacy. Also utilized in material science for the development of advanced polymers and organic electronic materials. Its boronic acid group makes it valuable in bioconjugation and labeling applications in biochemical research.