This chemical is primarily used as an intermediate in organic synthesis, particularly in the preparation of complex molecules for pharmaceutical research. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a key method for forming carbon-carbon bonds in drug development. The compound is also utilized in the creation of pyridine derivatives, which are important in designing bioactive compounds and agrochemicals. Its stability and reactivity make it suitable for use in controlled chemical transformations, contributing to advancements in medicinal chemistry and material science.