Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in constructing complex organic molecules. The triisopropylsilyl (TIPS) protecting group enhances stability and solubility during reaction processes, particularly in multi-step syntheses of functionalized aromatic compounds. Commonly applied in the development of advanced materials and bioactive compounds where precise molecular architecture is required.