Used in organic synthesis as a boronic ester coupling partner in Suzuki-Miyaura cross-coupling reactions to construct biaryl systems. Its oxadiazole ring enhances electron-withdrawing properties, making it valuable in the development of pharmaceuticals, agrochemicals, and materials for optoelectronic devices such as OLEDs. The boron-containing group allows for efficient and selective bond formation under mild palladium-catalyzed conditions, useful in late-stage functionalization of complex molecules.