This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent. It facilitates the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Its pyridine moiety enhances stability and reactivity, allowing for efficient coupling with aryl or vinyl halides. Additionally, it is employed in the development of bioactive compounds and materials science, where its structural properties contribute to the design of novel polymers and catalysts. Its applications also extend to medicinal chemistry, where it is used in the creation of drug candidates targeting various diseases.