Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides under mild conditions, making it valuable for constructing complex organic molecules. Commonly employed in the development of conjugated materials for electronics and in late-stage functionalization of bioactive compounds due to its stability and reactivity profile.