Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient coupling with aryl or vinyl halides under palladium catalysis, making it valuable in constructing complex organic molecules, particularly in drug discovery and materials science. The cyclic ketone structure also allows for further functionalization, enhancing its utility in multi-step synthetic routes.