Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient and selective coupling with aryl or heteroaryl halides under palladium catalysis. Commonly employed in the development of complex organic molecules, especially in drug discovery and materials science, where precise molecular assembly is critical. Stable and compatible with a wide range of functional groups, making it valuable in multi-step synthetic routes.