Used primarily as a key intermediate in pharmaceutical synthesis, especially in Suzuki-Miyaura cross-coupling reactions to construct biaryl systems found in active pharmaceutical ingredients. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in the development of kinase inhibitors and other nitrogen-containing heterocyclic drugs. Commonly employed in late-stage functionalization due to its stability and reactivity profile. Also utilized in the preparation of agrochemicals and organic electronic materials where precise molecular architecture is required.