This chemical is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key reagent for forming carbon-carbon bonds. Its boronic acid group facilitates the coupling with aryl halides, enabling the creation of complex biaryl structures, which are essential in pharmaceuticals and material science. Additionally, the tetrazole moiety enhances its utility in medicinal chemistry, as tetrazoles are known for their bioisosteric properties, often mimicking carboxylic acids in drug design. This makes it valuable in developing bioactive compounds, including potential drug candidates targeting various diseases. Its application extends to the synthesis of advanced materials, where its structural features contribute to the development of functional polymers and organic electronic components.