Widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key building block for constructing biaryl frameworks found in pharmaceuticals, agrochemicals, and advanced materials. Its boronate ester group enables efficient and selective coupling with aryl halides under palladium catalysis, making it valuable in drug discovery and development. The presence of both a methyl ester and a biphenyl system allows for further functionalization and integration into complex molecules. It is especially useful in the preparation of liquid crystals, organic semiconductors, and ligands for catalysts.