Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Particularly valuable in pharmaceutical and agrochemical industries for constructing biaryl frameworks found in active ingredients. Its stability and reactivity make it suitable for late-stage functionalization in drug development. Also applied in materials science for designing organic semiconductors and luminescent compounds due to the extended aromatic system it introduces.