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, making it valuable in constructing biaryl structures found in bioactive molecules. Commonly employed in medicinal chemistry for lead optimization due to its stability and reactivity profile. Also utilized in the preparation of proteolysis-targeting chimeras (PROTACs) and other targeted therapies where precise molecular design is critical.