This chemical is primarily utilized in organic synthesis, particularly as a key intermediate in the preparation of complex molecules. Its boronate ester functionality makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. The compound’s structure allows for efficient coupling with aryl halides, enabling the formation of biaryl compounds, which are essential in drug discovery and development. Additionally, it is used in the development of boron-containing compounds for potential applications in medicinal chemistry, including enzyme inhibition and targeted drug delivery. Its stability and reactivity make it a versatile reagent in research and industrial settings.