This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key reagent for forming carbon-carbon bonds, enabling the construction of complex molecules. Its application is significant in pharmaceutical research, where it aids in the development of drug candidates by introducing methoxypyridine moieties into target molecules. Additionally, it is used in material science for synthesizing organic electronic materials and functional polymers. Its boronic acid group allows for selective interactions with diols, making it useful in sensor development and carbohydrate chemistry.