Widely used in organic synthesis, particularly as a building block in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group enables efficient carbon-carbon bond formation with aryl or vinyl halides, making it valuable in the preparation of complex aromatic compounds. The presence of a primary amine group allows for further functionalization, such as amide bond formation or reductive amination, enabling its use in medicinal chemistry for drug discovery and development. It is also employed in the synthesis of functional materials, including conjugated polymers and ligands for catalysts. Its dual functionality makes it a versatile intermediate in multi-step syntheses.