This compound is primarily utilized in organic synthesis and pharmaceutical research due to its boronic ester functional group, which is highly effective in Suzuki-Miyaura cross-coupling reactions. These reactions are pivotal for forming carbon-carbon bonds, making it valuable in the development of complex organic molecules, including drugs, agrochemicals, and advanced materials. Its diethylaminosulfonyl group enhances solubility and reactivity, facilitating its use in aqueous or mixed-solvent systems. Additionally, it serves as a key intermediate in the synthesis of biologically active compounds, particularly in the creation of enzyme inhibitors and receptor modulators. Its stability and versatility make it a preferred choice in medicinal chemistry for designing and optimizing drug candidates.