Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical industries. The boronate ester group enables efficient carbon-carbon bond formation under mild conditions, allowing for the construction of biaryl and substituted cyclohexyl structures. Its protected amine functionality (as carbamate) permits further selective transformations downstream, making it valuable in multi-step syntheses of active pharmaceutical ingredients (APIs). It is particularly useful in medicinal chemistry for modifying ring systems to optimize drug potency, selectivity, and metabolic stability.