Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group readily reacts with aryl or vinyl halides in the presence of a palladium catalyst, making it valuable in pharmaceutical, agrochemical, and materials science research. The presence of bromo and chloro substituents allows for selective, stepwise coupling reactions, offering precise control in multi-step syntheses. It is especially useful in constructing biaryl systems found in bioactive compounds and functional materials.