Used in Suzuki-Miyaura cross-coupling reactions as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its boronate ester group enables efficient carbon-carbon bond formation under mild conditions, making it valuable in medicinal chemistry for constructing biaryl systems. Commonly employed in late-stage functionalization due to its stability and reactivity profile. Also utilized in the preparation of fluorescent probes and agrochemicals where precise molecular architecture is required.