Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronic ester functionality allows for efficient coupling with aryl halides under mild conditions, making it valuable in the preparation of complex organic molecules, particularly in drug discovery and development. The carboxylic acid group provides a handle for further functionalization or conjugation, enhancing its utility in designing bioactive compounds and functional materials.