Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of biaryl compounds in pharmaceutical and agrochemical industries. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions. The nitrile and amino functionalities allow further derivatization, making it valuable in constructing nitrogen-containing heterocycles and functionalized aromatic systems. Commonly employed in the development of active pharmaceutical ingredients (APIs) and organic electronic materials.