Used extensively in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceutical research. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the creation of diverse pyridine derivatives. These derivatives are crucial in developing drugs targeting various diseases, including cancer and neurological disorders. Additionally, it finds utility in material science for constructing organic electronic materials and ligands for catalysis. Its stability and reactivity make it a valuable tool in organic synthesis and industrial applications.