Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals, particularly in the development of kinase inhibitors. Commonly employed in Suzuki-Miyaura cross-coupling reactions to form carbon-carbon bonds, enabling the creation of complex molecules for drug discovery. Its boronic acid group facilitates efficient coupling with aryl halides, making it valuable in the synthesis of biologically active compounds. Also utilized in materials science for the development of organic electronic materials and polymers.