Used in organic synthesis as a key intermediate for the preparation of various pharmaceutical compounds. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, where it facilitates the formation of carbon-carbon bonds, enabling the synthesis of complex molecules. Its boronic acid group makes it highly reactive in these coupling processes, often employed in the development of drugs targeting specific biological pathways. Additionally, it finds application in material science for the creation of advanced organic materials, such as polymers or small molecules with tailored electronic properties. Its versatility in forming stable intermediates makes it a crucial component in research and industrial settings.