Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its boronate ester group facilitates carbon-carbon bond formation under mild conditions, making it valuable in drug discovery for building biaryl or aryl-heteroaryl structures. Commonly employed in the development of active pharmaceutical ingredients (APIs) where precise molecular architecture is required. Also utilized in materials science for constructing conjugated systems in organic electronics.