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 heterocyclic frameworks. Its boron-containing group facilitates efficient and selective coupling under mild conditions, making it suitable for late-stage functionalization in drug development. Also employed in materials science for creating conjugated systems in organic electronics.