Used in organic synthesis as a key intermediate for cross-coupling reactions, particularly in Suzuki-Miyaura coupling, to construct biaryl and heteroaryl compounds. Its boronic acid functionality enables the formation of carbon-carbon bonds, making it valuable in pharmaceutical and agrochemical research for developing new active ingredients. Commonly employed in the synthesis of nitrogen-containing heterocyclic systems, which are prevalent in drug discovery due to their biological activity and metabolic stability.