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. Its boronate ester group facilitates coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research for constructing biaryl systems. The presence of bromo and chloro substituents allows for selective sequential coupling reactions, offering flexibility in multi-step syntheses. Commonly employed in the development of functional materials, including organic semiconductors and conjugated polymers.