Used primarily in organic synthesis as a versatile building block for the creation of complex molecules. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, where it facilitates the formation of carbon-carbon bonds, enabling the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group allows for efficient coupling with aryl or vinyl halides, making it a key reagent in the development of biologically active compounds and functional materials. Additionally, it finds application in the preparation of indazole derivatives, which are important in medicinal chemistry for their potential therapeutic properties.