This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate in the construction of complex molecules, often in pharmaceutical research and development. Its boronic acid group enables it to form stable covalent bonds with organic halides, facilitating the creation of carbon-carbon bonds. This makes it valuable in the synthesis of drug candidates, agrochemicals, and advanced materials. Additionally, its pyridine and pyrrolidine moieties contribute to its ability to interact with biological targets, making it useful in medicinal chemistry for designing bioactive compounds.