Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable for constructing complex organic molecules, especially in drug discovery and development. Stable and easy to handle, it allows for efficient late-stage functionalization of aromatic systems.