Used primarily in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate for creating complex biaryl structures. Its boronic acid group facilitates the formation of carbon-carbon bonds, making it valuable in pharmaceutical research for developing drug candidates. Additionally, it is employed in material science for designing advanced polymers and organic electronic materials. Its pyridine moiety enhances its utility in coordination chemistry, where it acts as a ligand for metal complexes.