Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key intermediate in the synthesis of complex organic molecules, particularly in pharmaceuticals and agrochemicals. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in drug discovery and development. It is also employed in the preparation of functional materials such as organic semiconductors and ligands for catalysis. The presence of the bromo substituent allows for selective reactivity, enabling sequential coupling reactions to build highly substituted pyridine derivatives important in medicinal chemistry.