Used primarily as a building block in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in pharmaceutical and agrochemical research. The presence of a benzylamine moiety allows for further functionalization, supporting its use in the development of bioactive compounds and functional materials. Its structure is particularly useful in medicinal chemistry for constructing nitrogen-containing scaffolds.