This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key building block for creating complex organic molecules. Its boronic acid group enables efficient coupling with aryl or vinyl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its methoxycarbonyl group can act as a functional handle for further chemical modifications, enhancing its versatility in synthetic applications. Its stability and reactivity make it a preferred choice in medicinal chemistry for developing drug candidates and biologically active compounds.