Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. Applied in cross-coupling reactions, such as Suzuki-Miyaura reactions, to create complex organic compounds for material science and agrochemical research. Employed in the production of advanced materials, including liquid crystals and organic electronic components, due to its boronic acid functional group. Utilized in medicinal chemistry for the modification of bioactive molecules, enhancing their pharmacological properties. Acts as a building block in the preparation of heterocyclic compounds, which are essential in drug discovery and development processes.