This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a boronic acid reagent, enabling the formation of carbon-carbon bonds between aryl or vinyl groups. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Its unique structure, combining a phenoxy group with a pyridine ring, allows for enhanced reactivity and selectivity in coupling reactions. Additionally, it is used in the development of bioactive compounds and as a building block in the synthesis of complex organic molecules for research and industrial applications.