Used in organic synthesis as a key intermediate for the preparation of biologically active compounds. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex molecules. This chemical is applied in pharmaceutical research for developing potential drug candidates, especially in the creation of kinase inhibitors and other therapeutic agents. Additionally, it finds use in material science for designing advanced polymers and functional materials with specific properties. Its boronate ester group makes it a versatile building block in medicinal chemistry and chemical biology studies.