Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, facilitating the synthesis of biaryl compounds in pharmaceutical and agrochemical industries. Its boronic ester group enhances stability and reactivity, making it valuable in creating complex organic molecules. Commonly employed in the development of drugs, particularly those targeting cancer and inflammatory diseases. Also utilized in material science for constructing organic electronic devices and advanced polymers. Its role in coupling reactions ensures efficient and selective bond formation, streamlining the production of high-value chemical products.