Used primarily as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group readily reacts with aryl or heteroaryl halides in the presence of a palladium catalyst, making it valuable for constructing complex pyridine-based structures. It is especially useful in medicinal chemistry for modifying bioactive molecules and developing drug candidates with improved metabolic stability and binding affinity.