This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient formation of carbon-carbon bonds, making it valuable in creating heterocyclic compounds. Additionally, it is employed in material science for synthesizing organic electronic materials, including those used in OLEDs and other optoelectronic devices. Its pyridine moiety further enhances its utility in coordination chemistry and catalysis.