Used primarily in organic synthesis, it serves as a key intermediate in the preparation of various pharmaceutical compounds. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This makes it valuable in the development of drugs, agrochemicals, and advanced materials. Additionally, it is utilized in the synthesis of complex molecules for research purposes, particularly in medicinal chemistry, where it aids in the creation of bioactive compounds. Its bromine substituent further enhances its reactivity, allowing for versatile functionalization in chemical processes.