This compound is primarily utilized in organic synthesis as a versatile building block, especially in the preparation of complex molecules. It is often employed in Suzuki-Miyaura cross-coupling reactions, where it serves as a boronic ester reagent to facilitate the formation of carbon-carbon bonds. This makes it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its structure, featuring a methoxybenzylamino group, allows for selective functionalization, making it useful in the development of targeted drug molecules and bioactive compounds. The pinacol ester group enhances its stability, ensuring efficient handling and storage in synthetic processes.