Used primarily in organic synthesis as a boronic ester coupling partner in Suzuki-Miyaura cross-coupling reactions. It enables the formation of biaryl and aryl-heteroaryl structures, which are common scaffolds in pharmaceuticals and agrochemicals. The presence of the amide group allows for further functionalization or hydrogen bonding interactions in drug design. Its stability and reactivity make it suitable for late-stage diversification in medicinal chemistry campaigns. Also employed in materials science for constructing conjugated systems in organic electronic materials.