Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Particularly valuable in pharmaceutical and agrochemical research for constructing biaryl and heterobiaryl systems. Its chromane core structure supports applications in developing bioactive compounds and functional materials. Stable and compatible with a wide range of functional groups, making it suitable for late-stage functionalization in drug discovery.