This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for creating complex molecules, including pharmaceuticals and agrochemicals. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in constructing pyridine-containing compounds. Additionally, it is employed in the development of materials for electronic devices and organic light-emitting diodes (OLEDs) due to its ability to modify and enhance molecular structures. Its applications also extend to research in medicinal chemistry, where it aids in the synthesis of biologically active compounds.