Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. It serves as a stable boronate ester that readily participates in palladium-catalyzed reactions with aryl or vinyl halides, making it valuable in the preparation of pharmaceuticals, agrochemicals, and functional materials. Its stability and reactivity profile allow for selective transformations under mild conditions, often with high yields. Commonly employed in the synthesis of conjugated heteroaromatic systems and building blocks for drug discovery.