Used in organic synthesis as a key intermediate for constructing complex molecules, particularly in Suzuki-Miyaura cross-coupling reactions. This reaction is widely employed in pharmaceutical research to create carbon-carbon bonds, enabling the development of drug candidates. Its boronic acid group facilitates selective coupling with aryl or vinyl halides, making it valuable for producing bioactive compounds. Additionally, it finds utility in material science for designing advanced polymers and organic electronic materials. Its stability and reactivity make it a preferred choice in medicinal chemistry for synthesizing targeted therapies.