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 efficient carbon-carbon bond formation under mild conditions, making it valuable for constructing biaryl structures found in bioactive compounds. Commonly employed in late-stage functionalization during drug discovery to introduce aromatic substituents. Stable and compatible with a wide range of functional groups, it supports high-yielding transformations in both academic and industrial settings.