This chemical is primarily used as a key intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and biologically active compounds. Its boronic acid functional group makes it valuable in Suzuki-Miyaura cross-coupling reactions, a widely employed method for forming carbon-carbon bonds. This reaction is crucial in the development of complex molecules, including drug candidates for various therapeutic areas such as oncology, inflammation, and infectious diseases. Additionally, its pyrrolopyridine core structure is often incorporated into compounds that exhibit significant biological activity, making it a valuable building block in medicinal chemistry. Researchers also utilize it in the synthesis of agrochemicals and materials science applications, where its unique properties contribute to the development of innovative products.