Used as a key intermediate in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its boronic acid group facilitates Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds, which is crucial in constructing biologically active molecules. Also employed in materials science for creating functionalized polymers and advanced materials with specific electronic or optical properties. Its bipyridine moiety allows for coordination with metal ions, making it valuable in catalysis and the design of metal-organic frameworks (MOFs).