This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. Its tert-butyldimethylsilyl (TBDMS) protected hydroxyl group enhances stability during reactions, making it suitable for multi-step synthetic processes. It is often employed in pharmaceutical research and development for creating drug intermediates or active pharmaceutical ingredients (APIs). Additionally, its sulfonyl group can act as a directing group or participate in further functionalization, expanding its utility in medicinal chemistry and material science.