Used in organic synthesis as a key intermediate for the preparation of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. It serves as a building block in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds to create complex molecules. Its boronic acid group is essential for attaching pyridine derivatives to other aromatic systems, enhancing the biological activity of the final compounds. Additionally, it finds application in the production of agrochemicals and materials science for designing functional polymers and ligands for catalytic processes.