Used primarily in cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables Suzuki-Miyaura coupling, allowing efficient formation of carbon-carbon bonds with aryl or heteroaryl halides. This makes it valuable in constructing complex aromatic amines found in bioactive molecules. It is also employed in materials science for creating conjugated organic systems, such as those used in OLEDs and organic semiconductors. The presence of both amine and boronate functionalities allows for sequential functionalization, offering versatility in multi-step synthetic routes.