This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules. It is often employed in the pharmaceutical industry for the development of drug candidates, where its structure can be incorporated into larger molecules to enhance biological activity or modify pharmacokinetic properties. Additionally, it is used in materials science for the synthesis of advanced polymers and organic electronic materials, where its unique phenylpyridine core contributes to desirable electronic or structural properties.