Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex molecules for pharmaceuticals and agrochemicals. Acts as a key intermediate in the development of pyrimidine-based compounds, which are essential in drug discovery for targeting various diseases. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in constructing biologically active molecules. Also employed in material science for designing advanced polymers and catalysts.