Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group facilitates efficient carbon-carbon bond formation under mild conditions, making it valuable in the development of new drug candidates and functional materials. The nitrile and methoxy groups provide additional sites for further chemical modification, enhancing its versatility in building aromatic and heteroaromatic systems.