Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex biaryl compounds in pharmaceutical and material science research. Acts as a boronic acid derivative in the development of sensors for detecting sugars and other diol-containing molecules, leveraging its affinity for cis-diols. Applied in organic synthesis for constructing carbon-carbon bonds, particularly in the preparation of bioactive molecules and drug intermediates. Utilized in the design of covalent organic frameworks (COFs) due to its ability to form stable boronate esters. Plays a role in the development of targeted drug delivery systems, where its boronic acid group facilitates binding to specific biomolecules.