Used primarily in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic ester group facilitates efficient coupling with aryl halides under palladium catalysis, making it valuable in the preparation of complex aromatic compounds. The carboxylic acid functionality allows for further derivatization, such as amide formation or esterification, supporting its use in constructing bioactive molecules and functional materials.