This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. It serves as a key building block for creating complex molecules, often in the pharmaceutical and agrochemical industries. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for constructing heterocyclic compounds, which are essential in drug development. Additionally, it is used in material science for designing advanced polymers and functional materials. Its pyridine moiety also contributes to its role in catalysis and coordination chemistry.