Methoxy(cyclooctadiene)iridium(I) dimer is used as a catalyst in the preparation of heteroaryl fused indole ring systems and borylation and Suzuki-miyaura coupling. Further, it is used in tetraborylation reactions, ortho-silylation of aryl ketone, benzaldehyde and benzyl alcohol derivatives through C-H activation. The most useful application is highly regio and enantio selection asymmetric hydroboration.

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