This compound is widely used in organic synthesis, particularly in cross-coupling reactions, due to its stability and ease of handling. It serves as a key intermediate in the preparation of complex organic molecules, including pharmaceuticals and agrochemicals. Its boronic ester functionality allows for efficient Suzuki-Miyaura coupling, enabling the formation of carbon-carbon bonds with high selectivity. Additionally, it is employed in the synthesis of bioactive compounds and materials with specific electronic properties. The MIDA ester group provides enhanced stability, making it suitable for multi-step synthetic processes.