Used in organic synthesis as a boronic ester functionalized benzamide derivative, enabling Suzuki-Miyaura cross-coupling reactions to form biaryl structures. Its amide group provides stability and potential for hydrogen bonding, useful in medicinal chemistry for designing bioactive molecules. The hydroxyethyl moiety enhances solubility, making it suitable for aqueous reaction conditions. Commonly employed in the development of pharmaceuticals and functional materials where selective carbon-carbon bond formation is required.