Used as an intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Commonly employed in pharmaceutical and agrochemical research for constructing biaryl compounds. Its boronate ester group facilitates palladium-catalyzed coupling with aryl halides under mild conditions, making it valuable in medicinal chemistry for developing drug candidates. Stable and easy to handle, it supports efficient and selective transformations in late-stage functionalization of molecules.