Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key building block for constructing biaryl and heteroaryl frameworks in pharmaceutical and agrochemical synthesis. Its boronate ester group enables efficient and selective carbon-carbon bond formation under mild palladium catalysis. The presence of the pyridine ring with an ester functionality allows further derivatization, making it valuable in the development of complex organic molecules, including drug candidates and functional materials. It is particularly favored in medicinal chemistry for late-stage functionalization due to its stability and reactivity profile.