Used primarily in organic synthesis, this compound serves as a key building block in the preparation of various pharmaceuticals and agrochemicals. Its boronic acid group facilitates Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds essential for constructing complex molecules. It is particularly valuable in the development of pyrimidine derivatives, which are often explored for their potential therapeutic properties, including anticancer and antiviral activities. Additionally, it is employed in material science for creating advanced organic materials with specific electronic or structural properties.