Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical intermediates. Its aldehyde and boronic acid functional groups allow for sequential transformations, making it valuable in the preparation of complex aromatic compounds. Commonly employed in the development of fluorescent sensors and bioactive molecules due to its ability to participate in multi-step derivatization. Also finds use in materials science for constructing conjugated systems in organic electronics.