Used as a key intermediate in pharmaceutical synthesis, particularly in Suzuki-Miyaura cross-coupling reactions to construct biaryl or heterobiaryl systems found in active pharmaceutical ingredients. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in drug discovery for developing kinase inhibitors and other nitrogen-containing heterocyclic compounds. The amine functionality allows for further derivatization, enhancing its utility in generating diverse compound libraries for biological screening.