This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions. Its boronate ester group makes it a valuable intermediate in Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds. This reaction is essential in the synthesis of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Additionally, the pyridine moiety can enhance the compound's ability to interact with biological targets, making it potentially useful in medicinal chemistry for drug discovery and development. Its structure also allows for further functionalization, enabling the creation of diverse derivatives for various research and industrial applications.