Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. The boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable for constructing biaryl systems. Its ester functionality allows further transformation, such as hydrolysis or reduction, enabling diverse derivatization pathways in medicinal chemistry. Commonly employed in late-stage functionalization due to its stability and reactivity profile.