Used in Suzuki-Miyaura cross-coupling reactions to synthesize complex organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) and agrochemicals. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl structures. Applied in the development of drugs targeting neurological disorders, cancer, and infectious diseases. Also utilized in material science for designing organic electronic materials and polymers. Its stability and reactivity make it valuable in medicinal chemistry and industrial applications.