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 boronic ester functionality reacts efficiently with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research. The presence of a carboxylic acid group allows for further functionalization or conjugation, useful in developing bioactive compounds, functional materials, and ligands for metal complexes. Its stability and reactivity profile make it suitable for use in automated synthesis and library generation in drug discovery.