Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex organic compounds. It serves as a key intermediate in the production of pharmaceuticals, agrochemicals, and advanced materials. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in constructing carbon-carbon bonds. Also employed in the development of organic electronic materials, such as polymers and small molecules for OLEDs and organic semiconductors. Its stability and reactivity make it a versatile tool in medicinal chemistry for designing drug candidates.