Used primarily as a key intermediate in pharmaceutical and agrochemical synthesis, this compound enables the formation of complex indole derivatives through Suzuki-Miyaura cross-coupling reactions. Its boronate ester functionality allows for efficient carbon-carbon bond formation, making it valuable in the development of bioactive molecules and functional materials. The tert-butyl and methyl protecting groups enhance stability and selectivity during multi-step syntheses, particularly in the construction of drug-like scaffolds. It is especially useful in research settings for generating novel indole-based compounds with potential therapeutic activity.