Used in organic synthesis as a key building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid functionality allows for efficient coupling with aryl halides, making it valuable in the preparation of complex aromatic compounds. Commonly employed in the synthesis of bioactive molecules, including drug candidates targeting proteases and kinases. The hydrochloride salt form enhances stability and solubility, facilitating handling and storage in laboratory and industrial settings. Also utilized in the development of sensors and functional materials due to its reactivity with diols and ability to form reversible covalent bonds.