Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in pharmaceutical and agrochemical research. The presence of the amide and chloro functionalities allows for further derivatization, supporting the development of bioactive compounds and functional materials. Commonly employed in medicinal chemistry for constructing benzamide-based scaffolds with potential biological activity.