Used in organic synthesis as a key intermediate for the preparation of pharmaceuticals and biologically active compounds. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to create carbon-carbon bonds in complex organic molecules. Its boronic acid group enables efficient coupling with aryl halides, facilitating the synthesis of diverse heterocyclic compounds. This chemical is also utilized in the development of potential drug candidates, especially in the field of kinase inhibitors, where its imidazole and pyrimidine moieties contribute to binding interactions with target proteins. Additionally, it serves as a building block in the production of materials for organic electronics and advanced polymers.