Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. Its boronic ester group offers enhanced stability and reactivity, making it valuable in the development of active pharmaceutical ingredients (APIs). Commonly employed in the preparation of substituted aromatic compounds for drug discovery and materials science. The methoxy and hydroxy substituents allow further functionalization or protection strategies in multi-step syntheses.