Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of pharmaceuticals and biologically active compounds. Its boronic acid functionality enables efficient carbon-carbon bond formation, particularly in the development of indazole-based drug candidates. Commonly applied in medicinal chemistry for constructing kinase inhibitors and anti-inflammatory agents. Also utilized in agrochemical research for designing novel active ingredients. The compound supports rapid diversification of molecular structures due to its reactivity and stability under standard coupling conditions.