This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds. Its boronic acid group makes it a key intermediate in the preparation of complex organic molecules, including pharmaceuticals and agrochemicals. The tert-butoxycarbonyl (Boc) and 4-methoxybenzyl (PMB) protecting groups enhance its stability during synthesis, allowing selective deprotection when needed. It is also utilized in the development of bioactive compounds, where its structure can be tailored to target specific biological pathways. Additionally, it serves as a building block in the synthesis of advanced materials, such as polymers and ligands for catalysis.