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 readily reacts with aryl or heteroaryl halides in the presence of a palladium catalyst, making it valuable in pharmaceutical and agrochemical research. It is especially useful for introducing the 2-methyl-3-chloropyridine moiety into target structures, which can serve as a building block for bioactive compounds. Its stability and reactivity profile make it suitable for late-stage functionalization in drug discovery and development.