Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and agrochemicals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds to create complex organic molecules.

Applied in the development of advanced materials, such as liquid crystals and polymers, due to its ability to modify molecular structures and enhance material properties.

Also employed in biochemical research for the design of enzyme inhibitors and receptor ligands, aiding in the study of biological processes and drug discovery.

Its boronic acid group makes it useful in sensor technologies for detecting sugars and other analytes, contributing to advancements in diagnostic tools.