Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals and bioactive molecules. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in drug discovery and material science. Additionally, the ethylsulfonylamino moiety enhances its solubility and reactivity, making it suitable for designing targeted drug delivery systems. It is also employed in the development of sensors and diagnostic agents due to its ability to interact with specific biological targets.