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. Its boronate ester group facilitates coupling with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical, agrochemical, and materials science research. The presence of protected functional groups allows for selective transformations in multi-step syntheses. Commonly employed in the preparation of conjugated systems such as biaryls, which are structural motifs in active pharmaceutical ingredients and organic electronic materials.