Used in organic synthesis as a key intermediate for the preparation of pharmaceutical compounds, particularly in the development of kinase inhibitors. It plays a significant role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex molecules. This chemical is also utilized in the production of bioactive molecules for research in cancer therapy and other diseases. Its boronic acid group allows for efficient conjugation with various organic substrates, making it valuable in medicinal chemistry and drug discovery.