Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boron-containing structure allows for efficient and selective coupling with aryl or vinyl halides under mild conditions. Commonly employed in the preparation of complex organic molecules, including active ingredients in drug development and functional materials. Stable and compatible with a variety of functional groups, making it valuable in late-stage functionalization during multistep syntheses.