Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to construct biaryl compounds which are key intermediates in pharmaceuticals and agrochemicals. Its boronic acid group enables efficient carbon-carbon bond formation under mild conditions. Commonly applied in the development of drug candidates, especially in medicinal chemistry research targeting kinase inhibitors and other bioactive molecules. Also utilized in materials science for designing organic semiconductors and liquid crystals due to its stable aromatic framework and functional versatility.