Used as a key intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex molecules. Its boronic ester group facilitates the coupling with aryl or vinyl halides, making it valuable in pharmaceutical research for creating biologically active compounds. Also employed in material science for designing organic electronic materials and polymers. Its stability and reactivity make it a preferred choice in medicinal chemistry for developing drug candidates and in agrochemical research for synthesizing novel pesticides.