This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, which is widely employed in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronate ester group makes it a valuable intermediate for forming carbon-carbon bonds, enabling the construction of complex molecular structures. Additionally, it finds application in the development of biologically active compounds, including potential drug candidates, due to its ability to introduce pyrimidine moieties into target molecules. Its stability and reactivity also make it suitable for use in medicinal chemistry research and the synthesis of heterocyclic compounds.