Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex molecules for pharmaceuticals and materials science. Its boronic ester group enables efficient coupling with aryl halides, making it valuable in constructing biaryl compounds. Applied in the development of drug candidates, especially in medicinal chemistry for targeting specific biological pathways. Also utilized in the synthesis of advanced materials, such as organic semiconductors, due to its ability to form stable carbon-carbon bonds.