Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex biaryl compounds in pharmaceutical and agrochemical development. Its boronic ester structure enhances stability and handling compared to the free boronic acid, making it suitable for solid-phase synthesis and combinatorial chemistry. Commonly employed in the preparation of drug candidates targeting kinase inhibition and central nervous system disorders. Also utilized in the fabrication of sensors and functional materials due to its selective reactivity with diols and electrophilic partners.