Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronic ester group provides enhanced stability and reactivity, making it valuable in the preparation of complex organic molecules, particularly in drug discovery and development. Commonly employed in the construction of biaryl systems found in active pharmaceutical ingredients. Also utilized in materials science for synthesizing conjugated organic frameworks and functionalized aromatic compounds.