Used extensively in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling, which is crucial for creating complex organic compounds. Its boronate ester group makes it a valuable intermediate in pharmaceutical research, aiding in the development of drug candidates. It also plays a role in material science, contributing to the synthesis of advanced polymers and organic electronic materials. Its stability and reactivity make it a preferred choice for constructing indoline-based structures in various chemical applications.