This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. The tert-butyldimethylsilyl (TBDMS) group acts as a protecting group for the hydroxyl functionality, ensuring selective reactivity during the synthesis process. This compound is valuable in pharmaceutical research and development, where it aids in the creation of drug intermediates and biologically active compounds. Its stability and reactivity make it a useful tool in advanced chemical transformations.