This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid reagent, enabling the formation of carbon-carbon bonds, which is essential in the development of pharmaceuticals, agrochemicals, and advanced materials. Its structure, featuring a benzoxazine moiety, makes it valuable in creating complex molecules with potential biological activity. Additionally, it can be employed in the synthesis of heterocyclic compounds, which are often explored for their medicinal properties.