This compound is widely utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronic ester group makes it a valuable reagent for forming carbon-carbon bonds, enabling the construction of complex molecules in pharmaceutical and material science research. It is often employed in the development of drug candidates, where it serves as a key intermediate for introducing pyrimidine and pyridine moieties into target structures. Additionally, its stability and reactivity make it suitable for use in combinatorial chemistry and high-throughput screening processes.