Used in organic synthesis as a building block for pharmaceuticals and agrochemicals, particularly in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the development of bioactive molecules. Commonly employed in the preparation of drug intermediates where the benzodioxane scaffold is present, contributing to improved metabolic stability and binding affinity in target compounds. Also utilized in materials science for constructing functional organic frameworks and conjugated systems.