Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient coupling with aryl halides under palladium catalysis, making it valuable in the preparation of complex organic molecules, including drug candidates and functional materials. The ethyl benzoate moiety can act as a directing or stabilizing group during transformations, enhancing selectivity in synthetic pathways.