Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables efficient carbon-carbon bond formation, making it valuable in constructing biaryl systems found in active drug molecules. Commonly applied in medicinal chemistry for lead optimization and in materials science for creating conjugated organic structures. Stable and compatible with a wide range of functional groups, it supports high-yielding, selective transformations under mild conditions.