Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to construct biaryl compounds which are common scaffolds in pharmaceuticals and agrochemicals. Its boronic acid group enables carbon-carbon bond formation under mild conditions, making it valuable for building complex aromatic structures. Commonly employed in drug discovery and development for creating intermediates with specific substitution patterns on aromatic rings. Also utilized in materials science for synthesizing conjugated organic molecules used in electronic devices.