Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. Plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. Applied in the production of agrochemicals, aiding in the creation of novel pesticides and herbicides. Utilized in material science for the development of organic electronic materials, such as OLEDs and semiconductors. Also employed in research laboratories for the preparation of boron-containing compounds with potential biological activity.