Used primarily as an intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Its boron-containing group facilitates coupling with aryl halides under palladium catalysis, making it valuable in pharmaceutical and agrochemical research for constructing biaryl structures. The presence of the N-methylbenzamide moiety can act as a directing or stabilizing group during reactions, enhancing selectivity and yield in target molecule assembly. Commonly employed in medicinal chemistry for late-stage functionalization of drug-like compounds.