Used primarily in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, especially in pharmaceutical and agrochemical research. The presence of the boronate ester group enables efficient carbon-carbon bond formation under mild palladium-catalyzed conditions. Its amide functionality provides structural stability and polarity, making it valuable for constructing bioactive molecules and functional materials. Due to its well-defined reactivity, it is often employed in late-stage functionalization during drug discovery and development.