This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry, where it aids in the development of drugs and biologically active compounds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable for creating carbon-carbon bonds. Additionally, it finds applications in materials science for designing advanced polymers and organic electronic materials. Its pyridine moiety further enhances its utility in coordination chemistry and catalysis.