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, especially in pharmaceutical research and development. Its boronic acid group enables efficient coupling with aryl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in producing drug intermediates, agrochemicals, and advanced materials. Additionally, its pyrimidine structure is often incorporated into compounds with biological activity, contributing to the development of potential therapeutic agents.