Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceutical agents. Its boronic ester group enables participation in Suzuki-Miyaura cross-coupling reactions, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of complex molecules, particularly in drug discovery and medicinal chemistry. Additionally, it is employed in the synthesis of pyrimidine derivatives, which are often explored for their biological activities, including potential therapeutic applications. Its role in creating diverse chemical structures underscores its importance in advancing research and innovation in the pharmaceutical industry.