Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group facilitates carbon-carbon bond formation under mild conditions, making it valuable for constructing drug-like scaffolds. The bicyclic structure with a protected amine enhances stability and selectivity during coupling, allowing efficient access to nitrogen-containing heterocycles important in medicinal chemistry.