This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a crucial boronic ester reagent. Its structure allows for efficient coupling with aryl or vinyl halides, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. This makes it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its pyrimidine and pyridine moieties contribute to its role in designing biologically active compounds, such as kinase inhibitors, which are significant in drug discovery for treating diseases like cancer. Its stability and reactivity under mild conditions further enhance its utility in diverse chemical transformations.