Used in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl compounds important in pharmaceutical and agrochemical development. Its boronate ester group facilitates efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of bioactive molecules, especially in drug discovery pipelines where aromatic frameworks are required. Also utilized in materials science for constructing conjugated systems in organic electronics due to its stability and reactivity profile.