Used as a key reagent in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. Its boron-containing structure allows it to couple with aryl or vinyl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical development. The oxetane ring contributes to enhanced stability and solubility, which can improve reaction efficiency and product yields. Commonly employed in the synthesis of complex molecules where functional group tolerance and mild reaction conditions are required.