Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical industries. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and development of functional materials. The phenolic hydroxyl group allows further modification, such as protection or conjugation, enhancing its utility in multi-step syntheses. Commonly employed in the preparation of biaryl compounds and fluorinated aromatic structures with tailored electronic and biological properties.