Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, facilitating the synthesis of biaryl compounds widely applied in pharmaceuticals and agrochemicals. Its boronic ester group enables efficient coupling with aryl halides, making it valuable in creating complex organic molecules. Commonly employed in the development of drugs targeting various diseases, including cancer and inflammation. Also utilized in material science for constructing organic electronic materials and polymers. Its stability and reactivity make it a preferred choice in organic synthesis and industrial applications.