Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Its furan-containing structure acts as a versatile building block for constructing complex molecules, especially in pharmaceutical and agrochemical research. The borolane group provides high stability and reactivity under mild conditions, making it suitable for late-stage functionalization of bioactive compounds. Commonly employed in the development of conjugated materials for optoelectronics due to its ability to introduce furan moieties into π-conjugated systems.