This compound is primarily utilized in organic synthesis as a key intermediate in the preparation of complex molecules, particularly in the field of medicinal chemistry. Its boronate ester functional group makes it valuable for Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in the synthesis of pharmaceuticals and agrochemicals. Additionally, the bromoacetamide moiety allows for further functionalization, enabling the introduction of various substituents to tailor the properties of the final product. Its application extends to the development of bioactive compounds, including potential drug candidates targeting specific biological pathways.