Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and biologically active compounds. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, where it facilitates the formation of carbon-carbon bonds, enabling the synthesis of complex molecules. Its boronate ester group makes it highly reactive and selective in coupling reactions, often employed in the development of drug candidates and agrochemicals. Additionally, it serves as a building block in medicinal chemistry for creating compounds with potential therapeutic properties, such as enzyme inhibitors or receptor modulators. Its stability and reactivity under mild conditions make it a preferred choice in modern synthetic chemistry.