This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key intermediate for constructing complex molecules. Its boronic ester group enables efficient coupling with aryl or vinyl halides, making it valuable in pharmaceutical research for developing drug candidates. It is also employed in material science for creating advanced organic materials with specific electronic or optical properties. Additionally, its pyrimidine and pyridine moieties make it a useful scaffold in medicinal chemistry for designing compounds with potential biological activity.