Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions to create biaryl compounds. These compounds are essential in pharmaceuticals, agrochemicals, and materials science. Acts as a versatile intermediate for constructing complex molecules. Applied in drug discovery for developing active pharmaceutical ingredients (APIs). Also utilized in the preparation of organic electronic materials and polymers. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in creating diverse chemical structures.