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 mild and selective coupling with aryl halides, making it valuable in the preparation of complex organic molecules, particularly in drug discovery and materials science. The methoxy and propoxy substituents enhance solubility and influence electronic properties, improving reaction efficiency and selectivity in late-stage functionalization of bioactive compounds.