This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a versatile building block for constructing complex molecules, especially in the pharmaceutical and agrochemical industries. The boronate ester group facilitates the formation of carbon-carbon bonds, making it valuable for developing drugs, bioactive compounds, and advanced materials. Its pyridine moiety further enhances its utility in creating heterocyclic structures, which are common in many therapeutic agents. Additionally, it is employed in the synthesis of ligands for catalysis and in the preparation of functionalized organic materials for electronic and optoelectronic applications.