This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for creating carbon-carbon bonds, which is essential in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it serves as a building block in the synthesis of complex molecules, including heterocyclic compounds, which are often found in drug discovery and development. Its pyridine moiety further enhances its utility in designing molecules with specific biological activities or material properties.