This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It acts as a boronic ester reagent, enabling the formation of carbon-carbon bonds between aryl or vinyl groups. Its structure, featuring a trimethoxyphenylformamide group, enhances its stability and reactivity in these transformations. The compound is often employed in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its application is particularly valuable in constructing biaryl structures, which are common in many bioactive compounds. Additionally, the pinacol ester moiety facilitates handling and storage, making it a practical choice for laboratory and industrial use.