Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. The presence of the boronate ester group allows for efficient carbon-carbon bond formation under mild conditions, enabling the construction of biaryl and substituted cyclohexyl structures. Its tert-butyl ester functionality offers stability during reaction sequences and can be easily deprotected to yield carboxylic acid derivatives for further modification. This makes it valuable in medicinal chemistry for developing drug candidates with tailored stereochemistry and functional group diversity.