Used as an intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates coupling with aryl or heteroaryl halides under palladium catalysis, making it valuable in constructing complex organic molecules, particularly in drug discovery and development. The presence of a bromomethyl group allows for further functionalization, enhancing its utility in multi-step synthetic routes.