Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex pyrrole derivatives with pharmaceutical and agrochemical relevance. The boronate ester group facilitates mild, selective bond formation with aryl or heteroaryl halides, making it valuable in drug discovery and materials science. Its nitrile functionality allows further chemical modifications, such as hydrolysis or reduction, to access diverse heterocyclic structures. Commonly employed in the development of bioactive molecules, including kinase inhibitors and fluorescent probes.