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 facilitates the formation of carbon-carbon bonds, making it valuable in drug discovery and development. Additionally, it is employed in the synthesis of heterocyclic compounds, which are essential in medicinal chemistry. Its stability and reactivity make it a preferred choice for constructing diverse molecular architectures.