Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in the preparation of complex organic molecules, particularly in drug discovery and development. The bromomethyl group allows for further functionalization, offering versatility in multi-step synthetic routes. Commonly applied in the construction of biaryl systems and substituted aromatic compounds found in bioactive molecules.