Used in organic synthesis as a reagent for the preparation of complex molecules. It is particularly valuable in cross-coupling reactions, where it facilitates the formation of carbon-carbon bonds. This compound is often employed in the synthesis of pharmaceuticals and fine chemicals, enabling the introduction of specific functional groups into organic frameworks. Its reactivity with various electrophiles makes it a versatile tool in the development of new compounds and materials. Additionally, it is utilized in research laboratories for exploring novel chemical transformations and pathways.