Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its boronic acid group facilitates palladium-catalyzed coupling with aryl halides, making it valuable in the preparation of complex aromatic compounds. The presence of a nitro group allows for further functionalization, such as reduction to an amine, expanding its utility in drug discovery and materials science.