Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, this compound facilitates the synthesis of complex organic molecules, particularly in pharmaceutical research. It is employed in the development of drug candidates, enabling the formation of carbon-carbon bonds in a controlled manner. Additionally, it serves as a building block in the creation of advanced materials, such as organic semiconductors and light-emitting diodes (LEDs), due to its ability to introduce quinoline moieties into larger structures. Its stability and reactivity make it a valuable tool in medicinal chemistry and material science applications.