This compound is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a boronic acid reagent, enabling the formation of carbon-carbon bonds between aromatic rings. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Its pyridine and methoxycarbonyl groups contribute to its reactivity and specificity in targeting certain molecular structures. Additionally, it is employed in the development of complex organic molecules for research and industrial applications.