Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boron-containing structure allows for efficient and selective coupling with aryl halides under mild conditions. Commonly employed in the preparation of biaryl compounds, which are important structural motifs in drug development and materials science. Stable and easy to handle, it is preferred in large-scale industrial processes where reliability and yield are critical.