Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex biaryl compounds in pharmaceutical and agrochemical research. Its boronate ester group facilitates efficient carbon-carbon bond formation under mild conditions. Commonly employed in the development of functional organic materials, including liquid crystals and conjugated polymers for electronic applications. Also utilized in the preparation of labeled compounds for medicinal chemistry and bioconjugation due to its stability and selective reactivity.