Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group readily participates in palladium-catalyzed couplings with aryl or heteroaryl halides, making it valuable for constructing complex nitrogen-containing heterocycles. Commonly employed in the development of functional materials, drug candidates, and ligands due to its stability and reactivity profile.