Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceuticals and agrochemicals. Its boron-containing group facilitates carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and materials science. Commonly employed to construct biaryl and heteroaryl frameworks found in bioactive compounds. Also applied in the development of organic electronic materials due to its ability to link aromatic systems efficiently.