Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boron-containing structure allows efficient coupling with aryl halides under palladium catalysis, making it valuable for constructing complex aromatic systems. Particularly useful in late-stage functionalization due to its stability and reactivity profile. Commonly employed in the development of bioactive molecules and functional materials where precise molecular architecture is required.