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 stabilized boronic ester form improves handling and reactivity in palladium-catalyzed couplings, making it valuable for constructing biaryl and heterobiaryl compounds. Commonly applied in the development of active pharmaceutical ingredients (APIs) where precise molecular architecture is required. Also utilized in materials science for creating conjugated systems in organic electronics.