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 coupling with aryl halides, making it valuable in creating biaryl compounds with tailored properties. Commonly employed in the preparation of kinase inhibitors and other bioactive molecules. Also applied in materials science for synthesizing conjugated organic frameworks used in optoelectronic devices.