This chemical is primarily utilized in organic synthesis as a versatile intermediate, particularly in the development of pharmaceuticals and bioactive compounds. Its boronic acid group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed to construct carbon-carbon bonds in drug discovery and material science. The tert-butyl ester groups provide stability and protection during synthetic processes, enabling selective reactions in complex molecular frameworks. It is also explored in the preparation of boron-containing compounds for potential applications in cancer therapy and as enzyme inhibitors.