Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex biaryl compounds in pharmaceutical and agrochemical development. Its boron-containing structure facilitates efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of bioactive molecules, including drug candidates targeting inflammation, cancer, and central nervous system disorders. Also utilized in the development of fluorescent probes and organic electronic materials due to its stability and reactivity profile.