Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Particularly valuable in pharmaceutical and agrochemical industries for constructing biaryl compounds and functionalized aromatic systems. Its boronate ester group facilitates efficient and selective coupling under mild conditions, making it suitable for late-stage functionalization in drug development. Also applied in materials science for designing organic electronic materials and conjugated polymers.