Used as a key reagent in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a boron-based coupling partner to form carbon-carbon bonds, enabling the construction of complex organic molecules in pharmaceutical and agrochemical manufacturing. Its structure allows for high stereoselectivity and stability during reactions, making it valuable in the synthesis of chiral compounds. Commonly applied in the development of active pharmaceutical ingredients (APIs) where precise molecular architecture is critical. Also utilized in research settings for the preparation of boronic acid derivatives and in the design of functional materials.