Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its cyclic ester structure enhances stability and handling compared to the parent boronic acid, making it suitable for large-scale applications. Commonly employed in the preparation of conjugated aromatic systems, including intermediates for organic electronic materials and bioactive molecules. The neopentyl glycol ester group improves solubility in organic solvents and reduces protodeboronation side reactions, leading to higher coupling efficiency.