Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl and aryl-heteroaryl compounds in pharmaceutical development. Its boronate ester group facilitates efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of drug candidates targeting CNS disorders and inflammatory diseases due to its structural stability and reactivity. Also utilized in materials science for constructing conjugated organic frameworks in optoelectronic devices.