Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and development of bioactive molecules. Commonly employed in the preparation of kinase inhibitors and other heterocyclic compounds with therapeutic potential. Also utilized in materials science for constructing functional organic frameworks and conjugated systems in optoelectronic materials.