Used as a key intermediate in the synthesis of sulfonylurea herbicides, particularly in the production of agrochemicals that inhibit acetolactate synthase (ALS) in plants, leading to suppression of branched-chain amino acid synthesis. Its boronic acid functionality enables participation in Suzuki-Miyaura cross-coupling reactions, making it valuable in the development of complex organic molecules for crop protection agents. Also employed in medicinal chemistry research for constructing biaryl structures via palladium-catalyzed coupling reactions.