Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules in pharmaceutical and agrochemical industries. Its stabilized boronate ester structure enhances handling and shelf life compared to the parent boronic acid, making it suitable for large-scale applications. Commonly employed in the preparation of bioactive compounds, including drug candidates containing biaryl or aryl-heteroaryl motifs. Also utilized in materials science for constructing conjugated systems in organic electronics.