This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a valuable boron-containing intermediate, enabling the formation of carbon-carbon bonds in the production of complex organic molecules. Its pyridine moiety makes it suitable for applications in pharmaceuticals and agrochemicals, where it can be incorporated into active compounds. Additionally, it is utilized in materials science for the development of organic electronic materials, including polymers and small molecules for optoelectronic devices. Its stability and reactivity make it a versatile tool in research and industrial chemistry.