This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its boronate ester functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely used method for constructing carbon-carbon bonds in the synthesis of complex organic compounds, including pharmaceuticals. Additionally, its pyrimidine moiety is often incorporated into molecules designed for anticancer and anti-inflammatory applications, as pyrimidine derivatives are known to interact with biological targets such as receptors and enzymes. Researchers also explore its potential in developing inhibitors for specific protein kinases involved in disease pathways.