Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in Suzuki-Miyaura cross-coupling reactions. This reaction is widely employed in the pharmaceutical industry to create carbon-carbon bonds, enabling the synthesis of various bioactive compounds and drug candidates. Its boronic acid group acts as a crucial functional moiety, facilitating the coupling with aryl or vinyl halides. Additionally, it finds application in the development of materials science, where it contributes to the creation of advanced polymers and organic electronic materials. Its structural versatility makes it valuable in research and industrial processes aiming for precision and efficiency in molecular construction.