Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates palladium-catalyzed coupling with aryl halides, making it valuable in the preparation of complex organic molecules, particularly in drug discovery and development. The amide functionality provides stability and can influence solubility and binding properties in target compounds. Commonly employed in research settings for constructing biaryl structures and functionalized aromatic systems.