Used as an intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group enables efficient carbon-carbon bond formation with aryl or heteroaryl halides, facilitating the construction of biaryl systems. The tert-butyl ester and halogen substituents provide sites for further functionalization, making it valuable in multi-step synthesis of bioactive compounds. Commonly employed in medicinal chemistry for developing drug candidates targeting various diseases.