This chemical is widely used as a reducing agent in organic synthesis, particularly for the reduction of carboxylic acids, esters, and amides to their corresponding alcohols or amines. It is highly effective in selective reductions, often preferred for its mild reaction conditions and high yields. In the pharmaceutical industry, it plays a crucial role in the synthesis of active pharmaceutical ingredients (APIs) and intermediates. Additionally, it is employed in polymer chemistry for the reduction of functional groups in polymers, aiding in the modification of material properties. Its application extends to the preparation of boron-containing compounds, such as boron esters and amides, which are valuable intermediates in coupling reactions and C-C bond formation, as well as in materials science and catalysis. The tetrahydrofuran (THF) solvent in the complex ensures good solubility and stability, making it convenient for use in various reactions.