This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. These reactions are essential for creating carbon-carbon bonds, which are foundational in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables it to act as a key reagent in coupling with aryl or vinyl halides, facilitating the synthesis of complex organic molecules. Additionally, it is employed in the development of bioactive compounds and drug candidates, where its structural properties contribute to the optimization of molecular interactions and efficacy. Its stability and reactivity make it a valuable tool in medicinal chemistry and material science research.