Used as an intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the synthesis of complex aromatic aldehydes, which are valuable in pharmaceutical and agrochemical industries. The boronate ester group facilitates coupling with aryl halides, while the aldehyde group allows further functionalization, such as reduction or imine formation. Its nitro group can be selectively reduced to an amine, enabling access to multifunctional building blocks for drug discovery and materials science. Commonly employed in the development of organic semiconductors and bioactive molecules.