This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex molecules, especially in the pharmaceutical industry, where it aids in the development of drugs targeting various diseases. Its boronic acid group enables efficient coupling with aryl halides, making it valuable for constructing biaryl structures. Additionally, it is utilized in material science for designing organic electronic materials, such as those used in OLEDs and other optoelectronic devices. Its pyridine and pyrimidine moieties contribute to its versatility in forming stable and functionalized compounds.