This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group acts as a key intermediate, enabling the formation of carbon-carbon bonds, which is essential in constructing complex molecules. It is often employed in the development of pharmaceuticals, where it aids in the synthesis of active pharmaceutical ingredients (APIs) and drug candidates. Additionally, its pyridine and sulfonamide moieties make it valuable in designing molecules with potential biological activity, such as enzyme inhibitors or receptor modulators. Researchers also use it in material science to create novel organic compounds with specific electronic or structural properties.