Used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds between aryl boronate esters and aryl or alkenyl halides in pharmaceutical and agrochemical development. Its boronate ester group facilitates efficient coupling with aryl halides under palladium catalysis, making it valuable in the preparation of complex aromatic compounds. The N-[2-(dimethylamino)ethyl] amide functionality enhances solubility in polar solvents and may aid in interactions with biological targets. Commonly employed in the synthesis of bioactive molecules and functional materials where precise molecular architecture is required.