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 functionalized aromatic systems. Its boron-containing group facilitates mild and selective coupling with aryl halides, making it ideal for late-stage functionalization in drug development. Also employed in materials science for creating conjugated polymers and organic electronic materials.