Used primarily in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key boronic ester precursor in the synthesis of complex organic molecules. Its amide functionality provides stability and directs regioselective transformations, making it valuable in pharmaceutical and agrochemical research. The boronate ester group enables efficient carbon-carbon bond formation under mild conditions, particularly in the construction of biaryl systems found in active pharmaceutical ingredients. It is also employed in late-stage functionalization due to its compatibility with various functional groups and catalysts.