Widely used in Suzuki-Miyaura cross-coupling reactions, this chemical serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceutical research. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the production of biaryl compounds, which are essential in drug development. Additionally, it is employed in the creation of advanced materials and agrochemicals, showcasing its versatility in organic synthesis. Its stability and reactivity make it a valuable tool for chemists in constructing diverse molecular architectures.