Used primarily as a key intermediate 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 readily reacts with aryl or heteroaryl halides in the presence of a palladium catalyst, making it valuable in pharmaceutical and agrochemical research. It is especially useful for constructing biaryl frameworks found in active pharmaceutical ingredients (APIs) and functional materials. The presence of the amine group allows for further derivatization, enhancing its utility in multi-step syntheses and library generation for drug discovery.