This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, especially in pharmaceutical research and development. Its boronic acid group allows it to act as a coupling partner with aryl or vinyl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the synthesis of drug candidates, agrochemicals, and advanced materials. Additionally, its furyl and pyridine moieties contribute to its utility in designing compounds with specific electronic or structural properties, often used in the development of bioactive molecules or functional materials.