Widely used in cross-coupling reactions, this compound serves as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group enables efficient Suzuki-Miyaura coupling, allowing for the formation of biaryl and heteroaryl structures under mild conditions. The tert-butyl carbamate (Boc) protecting group stabilizes the amine functionality during reactions and can be easily removed later in the synthesis. This makes the compound particularly valuable in the development of nitrogen-containing drug candidates, where selective and stepwise construction of complex molecules is required. It is also employed in the preparation of functional materials and ligands for catalysis.