Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient coupling with aryl halides under mild conditions, making it valuable in the preparation of complex organic molecules, including drug candidates and functional materials. The ethylene glycol-based side chain enhances solubility in polar solvents, improving reaction efficiency in aqueous or mixed solvent systems.