Used in organic synthesis as a key intermediate in the preparation of various pharmaceuticals and agrochemicals. It serves as a versatile building block in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. This compound is particularly valuable in the development of biologically active molecules, including potential drug candidates. Its boronic ester group facilitates efficient and selective coupling with aryl or vinyl halides, making it a useful tool in medicinal chemistry and material science research. Additionally, it can be employed in the synthesis of complex organic compounds for use in electronic materials or as ligands in catalytic systems.