Used in organic synthesis as a building block for pharmaceuticals, particularly in Suzuki-Miyaura cross-coupling reactions to form biaryl compounds. Its structure enables the development of kinase inhibitors and other bioactive molecules in medicinal chemistry. Commonly applied in drug discovery for targeting cancer-related proteins due to the presence of the chloropyridine and boronic acid functional groups. Also utilized in the synthesis of protease inhibitors and glucose-sensing materials because of its selective binding properties.