Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in the pharmaceutical industry. It plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds to create biologically active compounds. Its boronic acid group facilitates the coupling with aryl or vinyl halides, making it valuable in the development of drugs and agrochemicals. Additionally, it is utilized in the synthesis of pyrimidine derivatives, which are often explored for their potential therapeutic applications, including anticancer and antiviral agents.