Used extensively in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceutical research. Its boronic ester group facilitates the formation of carbon-carbon bonds, enabling the creation of diverse pyridine derivatives. These derivatives are crucial in developing active pharmaceutical ingredients (APIs) and agrochemicals. Additionally, it is employed in material science for designing advanced polymers and functional materials. Its stability and reactivity make it a valuable tool in organic synthesis and drug discovery pipelines.