Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in Suzuki-Miyaura cross-coupling reactions. This reaction is widely employed in pharmaceutical research to create carbon-carbon bonds, enabling the development of new drug candidates. Its boronic acid group facilitates the coupling with aryl halides, making it valuable for constructing biaryl structures. Applied in the synthesis of biologically active compounds, including potential therapeutic agents targeting various diseases. Also utilized in material science for the development of organic electronic materials and functional polymers.