Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boron-containing structure allows for efficient and selective coupling with aryl or vinyl halides under mild conditions. Commonly employed in the preparation of complex organic molecules, including active pharmaceutical ingredients (APIs), where stability and reactivity of the boronate ester group are advantageous. Also utilized in materials science for constructing conjugated systems in organic electronics.