Used primarily in organic synthesis, this compound serves as a key building block in the preparation of various pharmaceuticals and agrochemicals. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, where it facilitates the formation of carbon-carbon bonds, enabling the creation of complex molecules. Its pyrimidine ring structure makes it useful in the development of drugs targeting specific enzymes or receptors, such as kinase inhibitors. Additionally, it finds applications in material science for designing advanced organic materials with tailored properties. Its boronic acid group enhances its reactivity and selectivity in various chemical transformations.