Used as a coupling reagent in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of pharmaceuticals and agrochemicals. Its stability and reactivity make it suitable for constructing biaryl compounds under mild conditions. Commonly employed in late-stage functionalization of complex molecules where traditional boronic acids may degrade or react nonspecifically. Also applied in medicinal chemistry for the development of kinase inhibitors and other bioactive molecules.