This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in creating diverse heterocyclic compounds. Additionally, it finds application in material science for designing advanced organic materials with specific electronic or optical properties. Its pyridine and pyrazole moieties contribute to its versatility in forming bioactive molecules, often used in drug discovery and development.