Used in Suzuki-Miyaura cross-coupling reactions as a boronic acid reagent to construct biaryl compounds in pharmaceutical synthesis. Its pyrazole-containing structure enhances stability and influences electronic properties, making it valuable in the development of active pharmaceutical ingredients. Commonly applied in medicinal chemistry for building complex heterocyclic frameworks found in bioactive molecules. Also utilized in materials science for creating organic semiconductors and functional polymers due to its conjugated system and boron-based reactivity.