Used as an intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group facilitates coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in drug discovery and materials science. The bromomethyl group allows for further functionalization, such as nucleophilic substitution or conversion to other reactive groups, enhancing its utility in multi-step organic syntheses.