This chemical is primarily utilized in organic synthesis and material science, particularly in the development of organic light-emitting diodes (OLEDs). Its structure, featuring both boronic acid and anthracene moieties, makes it a valuable building block for creating advanced materials with specific electronic properties. It can act as a key intermediate in the synthesis of conjugated polymers or small molecules used in OLED displays, enhancing their efficiency and color purity. Additionally, its boronic acid group allows it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in the synthesis of complex organic compounds. This makes it useful in pharmaceutical research and the production of fine chemicals. Its unique structure also lends itself to applications in sensors, where it can be used to detect specific analytes due to its binding capabilities.