Used primarily in cross-coupling reactions, this compound serves as a key building block in the synthesis of pharmaceuticals and agrochemicals. Its boron-containing group enables efficient Suzuki-Miyaura coupling, allowing the formation of carbon-carbon bonds with aryl or heteroaryl halides. This makes it valuable in medicinal chemistry for constructing complex heterocyclic systems found in bioactive molecules. It is also employed in the development of organic electronic materials due to its ability to introduce triazolopyridine motifs, which can influence electronic properties and molecular stability.