Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl compounds in pharmaceutical development. Its boronate ester group facilitates efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of bioactive molecules, particularly in drug discovery programs targeting kinase inhibitors and CNS-active agents. Also utilized in the synthesis of conjugated materials for medicinal chemistry research due to its stability and reactivity profile.