Used in Suzuki-Miyaura cross-coupling reactions as a boronic acid reagent for the synthesis of biaryl compounds in pharmaceutical and agrochemical research. Its functional group tolerance allows incorporation into complex molecules, particularly in drug discovery for building aromatic frameworks. Commonly employed in the development of kinase inhibitors and other bioactive molecules due to its stability and reactivity profile. Also utilized in the preparation of boron-containing compounds for potential applications in materials science and medicinal chemistry.