Used in Suzuki-Miyaura cross-coupling reactions to synthesize complex organic compounds, particularly in pharmaceuticals and agrochemicals. Acts as a key intermediate in the production of active pharmaceutical ingredients (APIs) for drugs targeting various diseases. Employed in the development of materials for organic electronics, such as OLEDs and sensors. Facilitates the creation of novel heterocyclic compounds in medicinal chemistry research. Applied in the synthesis of ligands for catalysis in industrial chemical processes.