This chemical, featuring a pinacol boronate ester and an ortho-chloroacetamide group, is primarily used in organic synthesis as a key intermediate for Suzuki-Miyaura cross-coupling reactions. These reactions enable the formation of carbon-carbon bonds between aryl or vinyl boronic esters and aryl or vinyl halides, crucial for developing pharmaceuticals, agrochemicals, and bioactive molecules. The dual functionality allows sequential modifications, enhancing its utility in medicinal chemistry for designing drug candidates targeting various diseases. It also applies in materials science leveraging boron compound properties.