Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in constructing complex organic molecules. Commonly employed in the synthesis of conjugated systems, such as those found in functional materials and bioactive compounds. The ester functionality allows for further transformation, such as hydrolysis or reduction, to access carboxylic acids, alcohols, or other derivatives.