This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, the pyridine moiety enhances its ability to act as a ligand in catalytic systems, facilitating various chemical transformations. Its applications extend to materials science, where it is used in the development of organic electronic materials and coordination polymers.