This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group enables efficient coupling with aryl or vinyl halides, facilitating the formation of carbon-carbon bonds. This makes it valuable in the development of new drugs, where it helps synthesize bioactive compounds or intermediates. Additionally, it can be utilized in material science for designing advanced polymers or organic electronic materials. Its specific structure, with bromo and chloro substituents, allows for further functionalization, enhancing its versatility in various chemical transformations.