Used primarily in cross-coupling reactions, this compound serves as a key building block in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables Suzuki-Miyaura coupling, allowing efficient formation of carbon-carbon bonds with aryl or heteroaryl halides. This makes it valuable in medicinal chemistry for constructing complex pyridine-based structures found in bioactive molecules. It is also employed in materials science for developing organic semiconductors and functional molecules requiring tailored electronic properties.