Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group facilitates efficient carbon-carbon bond formation under mild conditions, making it valuable for constructing biaryl and heterobiaryl systems found in active pharmaceutical ingredients. The methyl ester functionality allows for further derivatization, enhancing its utility in medicinal chemistry for lead optimization and library synthesis.