Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group readily participates in palladium-catalyzed couplings, making it valuable for constructing biaryl and heterobiaryl systems found in active pharmaceutical ingredients. The cyclobutanol moiety adds structural rigidity and can serve as a functional handle for further transformation, enhancing its utility in medicinal chemistry and drug discovery. It is especially useful in the development of complex organic molecules requiring stereoselective and regioselective control.