Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. Plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic compounds. Applied in materials science for the preparation of functionalized polymers and advanced materials. Also utilized in agrochemical research for the design of novel crop protection agents. Its boronic ester group enhances stability and reactivity, making it valuable in medicinal chemistry and drug discovery processes.