Used in organic synthesis as a versatile building block for cross-coupling reactions, particularly in Suzuki-Miyaura couplings, enabling the formation of carbon-carbon bonds. It is valuable in the preparation of complex molecules, such as pharmaceuticals and agrochemicals, due to its stability and reactivity. The MIDA ester group protects the boronic acid moiety, allowing controlled release during reactions. It is also employed in the development of advanced materials and as a precursor in the synthesis of bioactive compounds.