This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic ester reagent, enabling the formation of carbon-carbon bonds between aryl or vinyl groups. Its pyridine moiety and boronic ester functionality make it a valuable building block in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it can be used in the synthesis of complex molecules for research purposes, including ligand development and catalyst design. Its stability and reactivity make it a preferred choice for constructing heterocyclic compounds.