Used primarily in cross-coupling reactions, especially Suzuki-Miyaura coupling, to synthesize complex organic molecules. Its boronic ester functionality allows it to react with aryl or vinyl halides in the presence of a palladium catalyst, enabling the formation of carbon-carbon bonds. This makes it valuable in pharmaceutical and agrochemical industries for building heteroaromatic frameworks. The furan ring provides a structural motif common in bioactive compounds, enhancing its utility in drug discovery and development. It is also employed in materials science for constructing conjugated systems in organic electronics.