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 for drug discovery. The presence of an aniline-derived group allows further functionalization, useful in designing complex molecules, including potential active pharmaceutical ingredients. Also applied in materials science for synthesizing conjugated organic frameworks with optoelectronic properties.