Used as a key intermediate in the synthesis of complex organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It plays a significant role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds, which is crucial for creating biologically active molecules. Additionally, it is employed in the preparation of boron-containing materials for organic electronics and sensors, leveraging its unique boronic acid functionality. Its pyrrolidino groups enhance solubility and stability, making it suitable for use in various catalytic and synthetic processes.