Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. Its boronic ester group provides enhanced stability and reactivity, making it ideal for constructing biaryl compounds under mild conditions. Commonly employed in the development of active pharmaceutical ingredients (APIs) where precise molecular architecture is required. Also utilized in materials science for creating functional organic frameworks and conjugated systems in electronic materials.