Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. Valuable in pharmaceutical research for constructing complex molecules, particularly in drug discovery and development. Applied in materials science for creating organic electronic materials, such as polymers and small molecules for OLEDs and other optoelectronic devices. Also employed in the synthesis of agrochemicals and fine chemicals, contributing to the development of new pesticides and specialty compounds. Its boronic acid group allows for versatile functionalization, making it a useful building block in various chemical transformations.