Widely used in pharmaceutical synthesis, this compound serves as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex drug molecules. Its boronate ester group facilitates coupling with aryl halides under mild conditions, making it valuable in the development of nitrogen-containing heterocyclic systems found in bioactive compounds. The carbamate functionality acts as a protected amine, allowing selective deprotection and further functionalization in multistep syntheses. It is particularly useful in the preparation of kinase inhibitors and other therapeutic agents where precise molecular architecture is critical. Its stability and reactivity profile make it suitable for high-throughput screening and lead optimization in drug discovery programs.