This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key reagent for forming carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the production of biaryl compounds, which are essential in pharmaceuticals and materials science. Additionally, the tert-butoxycarbonyl (Boc) protecting group enhances its stability and allows for selective deprotection during multi-step synthesis processes. This compound is also employed in the development of advanced organic materials, such as polymers and liquid crystals, due to its ability to introduce aromatic boronic acid functionalities into complex structures. Its versatility makes it a crucial component in medicinal chemistry for the synthesis of drug candidates and bioactive molecules.