Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex organic molecules. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. Also employed in the development of organic electronic materials, such as OLEDs and semiconductors, due to its anthracene backbone, which contributes to desirable photophysical properties.