Used in Suzuki-Miyaura cross-coupling reactions as a key boronic ester precursor for synthesizing complex organic molecules, particularly in pharmaceutical and agrochemical research. Its carboxylic acid functionality allows for further derivatization or conjugation, making it valuable in building aromatic frameworks with specific electronic or steric properties. Commonly employed in the development of active pharmaceutical ingredients (APIs) where controlled biaryl formation is required. Also utilized in materials science for constructing conjugated systems in organic electronics.