Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in the preparation of biaryl compounds and functionalized aromatic systems. The carboxylic acid functionality allows for further derivatization, such as amide formation or esterification, facilitating its incorporation into larger molecular architectures. Commonly employed in research and development of active pharmaceutical ingredients (APIs) where precise molecular construction is critical.