This compound is primarily utilized in organic synthesis as a key intermediate, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. The tert-butyl group provides stability and can be selectively removed under mild conditions, offering versatility in synthetic pathways. Its application is especially prominent in the development of indoline-based compounds, which are often explored for their biological activity in drug discovery.