This chemical is primarily used as a key intermediate in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. These reactions are widely employed in the pharmaceutical industry for the development of complex molecules, including active pharmaceutical ingredients (APIs). Its boronate ester group makes it a valuable building block for constructing pyridine-containing compounds, which are often found in drugs, agrochemicals, and materials science applications. Additionally, it is utilized in the synthesis of ligands for catalysis and in the preparation of advanced materials like organic semiconductors. Its versatility and stability under various reaction conditions make it a preferred choice in modern synthetic chemistry.