Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in the development of active pharmaceutical ingredients (APIs) and functional materials. The presence of both bromo and boronate functionalities allows for sequential coupling reactions, enabling the construction of highly substituted heterocyclic systems important in drug discovery.