Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronic ester functionality allows for efficient and selective coupling with aryl halides under mild conditions. Commonly employed in the preparation of biaryl compounds, which are structural motifs in many active pharmaceutical ingredients. Also utilized in materials science for constructing conjugated organic systems, such as those found in OLEDs and organic semiconductors. Stable and easy to handle, it offers advantages in large-scale industrial processes where reliability and yield are critical.