Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group facilitates coupling with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research. The amide functionality adds stability and can influence solubility or direct molecular conformation in target compounds. It is especially useful in the development of bioactive molecules and functional materials where precise structural control is required.