Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical industries. Its boron-containing structure facilitates carbon-carbon bond formation under mild conditions, making it valuable in the development of active pharmaceutical ingredients (APIs) and functional materials. The compound’s stability and reactivity profile allow for efficient coupling with aryl halides, supporting streamlined routes in drug discovery and fine chemical manufacturing.