This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for constructing complex molecules, especially in the pharmaceutical industry where it aids in the development of drug candidates. The imidazo[1,2-a]pyridine core is a common structural motif in bioactive compounds, and the boronate functionality allows for efficient coupling with aryl or vinyl halides. This chemical is also employed in materials science for the synthesis of organic electronic materials, where its structure can contribute to the creation of novel polymers or small molecules with specific optoelectronic properties. Its stability and reactivity make it a versatile tool in both academic research and industrial applications.