Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical synthesis. Commonly employed in the preparation of bioactive molecules, agrochemicals, and conjugated materials for organic electronics. Its boronate ester group enhances stability and handling compared to the free boronic acid, making it suitable for multi-step synthetic routes. Also utilized in the development of sensors and probes due to its reactivity with diols and peroxides.