Used as a key intermediate in organic synthesis, particularly in the preparation of complex bipyridine derivatives. It plays a significant role in cross-coupling reactions, such as Suzuki-Miyaura coupling, to create compounds with potential applications in materials science, including organic electronics and photovoltaics. Additionally, it is employed in the development of ligands for catalysis, aiding in the design of metal complexes used in various chemical transformations. Its boronic acid group allows for efficient conjugation with other molecules, making it valuable in the synthesis of functionalized materials and bioactive molecules.