Used primarily in organic synthesis as a boronic ester coupling partner in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. Its carboxylic acid functionality allows for further derivatization or conjugation, making it valuable in the development of pharmaceuticals, agrochemicals, and functional materials. The compound is especially useful in constructing biaryl structures found in active pharmaceutical ingredients. Its stability and reactivity profile make it suitable for late-stage functionalization in drug discovery and medicinal chemistry research.