Used primarily as a building block in Suzuki-Miyaura cross-coupling reactions, this compound enables the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boronate ester group reacts efficiently with aryl or heteroaryl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research. It is especially useful for introducing picolinoyl-like structures into target molecules, which can enhance binding properties in bioactive compounds. Commonly employed in late-stage functionalization due to its stability and reactivity profile.