Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of sulfonyl-containing drugs. Its boronic acid functionality enables participation in Suzuki-Miyaura cross-coupling reactions, making it valuable in constructing biaryl systems for drug discovery. Commonly applied in the preparation of bioactive molecules and targeted therapies, especially in oncology and metabolic disease research. Also utilized in the design of sensors and functional materials due to its selective binding properties with diols and other Lewis bases.