Used in Suzuki-Miyaura cross-coupling reactions to synthesize complex organic molecules, particularly in pharmaceutical and agrochemical research. Its structure allows for efficient introduction of substituted styryl groups, enhancing conjugation in target compounds. Stable and easy to handle, it serves as a valuable reagent in medicinal chemistry for building aromatic frameworks with improved electronic properties. Commonly applied in the development of fluorescent probes and bioactive molecules due to the extended pi-system it can form upon coupling.