Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key bifunctional building block for constructing complex organic molecules, especially in pharmaceutical and agrochemical synthesis. Its dual boronate ester groups enable sequential or simultaneous coupling with aryl or heteroaryl halides, allowing precise assembly of conjugated systems. It is particularly valuable in materials science for developing organic semiconductors, OLEDs, and π-conjugated frameworks due to its ability to introduce pyridine-based motifs with high efficiency and stability under coupling conditions.