Widely used in organic synthesis, especially in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate for constructing biaryl and heterobiaryl systems in pharmaceutical and agrochemical research. The presence of the boronate ester group enables efficient palladium-catalyzed coupling with aryl halides, allowing for the formation of carbon-carbon bonds under mild conditions. Its protected amine functionalities make it suitable for peptide modification and the development of complex nitrogen-containing molecules. Commonly employed in medicinal chemistry for library synthesis and structure-activity relationship studies, it supports the rapid assembly of drug-like scaffolds. Additionally, it is utilized in materials science for designing conjugated systems in organic electronics.