Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex aromatic amines and biaryl compounds. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in pharmaceutical and agrochemical research. The presence of the nitro group allows further functionalization, such as reduction to an amino group, enabling multi-step synthesis of nitrogen-containing heterocycles and active pharmaceutical ingredients (APIs). Commonly employed in medicinal chemistry for building blocks in drug discovery and in materials science for the development of organic semiconductors and functional polymers.