Used in organic synthesis as a key intermediate for the preparation of complex molecules, particularly in pharmaceutical research. It serves as a boron-containing reagent in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in drug discovery and development. Its structure, featuring a boronic acid group, makes it valuable for creating biologically active compounds, such as enzyme inhibitors or receptor modulators. Additionally, it may be utilized in the synthesis of heterocyclic compounds, which are often explored for their therapeutic potential in treating various diseases.