Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its aldehyde and boronate functional groups allow dual reactivity, enabling sequential transformations to build aromatic frameworks. Commonly employed in the development of bioactive compounds and functional materials where selective carbon-carbon bond formation is required. The protected boronic acid group enhances stability and handling, making it suitable for multi-step synthetic routes.