Used primarily in cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables efficient Suzuki-Miyaura coupling, allowing the formation of biaryl structures under mild conditions. It is especially valuable in medicinal chemistry for constructing isoxazole-containing drug candidates, which exhibit biological activities such as kinase inhibition and anti-inflammatory effects. The stability and reactivity of the boronate moiety make it suitable for high-throughput screening and parallel synthesis in drug discovery programs.