This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in pharmaceutical research and development. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of biaryl structures, which are common in active pharmaceutical ingredients. Additionally, it is employed in material science for designing organic electronic materials and polymers. Its pyridine moiety also makes it useful in coordination chemistry, where it can act as a ligand for metal complexes.