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 substituted aromatic and heteroaromatic systems. Its boronate ester group facilitates efficient and selective coupling under mild conditions, making it ideal for late-stage functionalization in drug development. Also employed in materials science for building conjugated systems in organic electronics.