Used as a key intermediate in organic synthesis, particularly in the preparation of complex molecules for pharmaceuticals. It plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds essential for drug development. Its boronic acid group makes it valuable in creating bioactive compounds and fine chemicals. Additionally, it is utilized in the synthesis of boron-containing materials for research and industrial applications. Its stability and reactivity make it a versatile reagent in medicinal chemistry and material science.