Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its boronic acid functional group enables Suzuki-Miyaura cross-coupling reactions, allowing efficient construction of complex biaryl structures in drug candidates. Commonly employed in medicinal chemistry for optimizing molecular frameworks with improved binding affinity and metabolic stability. Also utilized in the preparation of protease inhibitors and anti-inflammatory agents due to its ability to modulate biological activity when incorporated into larger molecules.