Used in organic synthesis as a key intermediate for the preparation of various heterocyclic compounds, particularly those featuring pyrimidine and thiazole structures. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. This makes it essential in the development of pharmaceuticals, agrochemicals, and materials science. Its boronic ester group allows for selective functionalization, facilitating the creation of complex molecules with potential biological activity. Often employed in the synthesis of drug candidates targeting specific enzymes or receptors.