This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. Its boronic acid group enables efficient coupling with aryl halides, facilitating the creation of biaryl compounds, which are essential in drug discovery. Additionally, it is utilized in the synthesis of agrochemicals and advanced materials, where its furyl and pyridine moieties contribute to unique electronic and structural properties. Its applications also extend to the development of organic electronics and catalysts due to its versatile reactivity.