Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates palladium-catalyzed coupling with aryl halides, making it valuable for constructing biaryl frameworks found in active pharmaceutical ingredients. The presence of the ester group allows for further functionalization, such as hydrolysis or reduction, adding versatility in synthetic pathways. Stable and compatible with a range of reaction conditions, it is particularly useful in late-stage functionalization during drug development.