Used as a key intermediate in pharmaceutical synthesis, particularly in the development of kinase inhibitors and other biologically active compounds. Its boronic ester functionality enables participation in Suzuki-Miyaura cross-coupling reactions, allowing for efficient formation of carbon-carbon bonds in heteroaromatic systems. This makes it valuable in medicinal chemistry for constructing complex molecules with high selectivity and yield. Commonly employed in the preparation of potential anticancer, antiviral, and anti-inflammatory agents.