Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid group facilitates coupling with aryl halides, making it valuable in creating biaryl compounds with potential biological activity. Commonly applied in medicinal chemistry for constructing heterocyclic frameworks found in drug candidates. Also employed in materials science for synthesizing conjugated systems in organic electronics.