This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex molecules, especially in the pharmaceutical industry where it aids in the development of drug candidates. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of diverse pyridine derivatives. These derivatives are often explored for their potential biological activities, making it valuable in medicinal chemistry research. Additionally, it may be employed in material science for designing functionalized organic materials with specific electronic or structural properties.