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. Particularly valuable in pharmaceutical and agrochemical industries for constructing biaryl compounds. Its boronate ester group facilitates efficient and selective coupling under mild conditions. Commonly employed in late-stage functionalization of drug candidates due to its stability and reactivity profile. Also utilized in materials science for developing organic electronic compounds.