Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical synthesis. Its boronate ester group facilitates efficient and selective coupling with aryl or heteroaryl halides under palladium catalysis. Commonly employed in the preparation of functionalized pyrazole derivatives, which are important scaffolds in medicinal chemistry due to their biological activity in kinase inhibition and anti-inflammatory agents. Also utilized in materials science for constructing conjugated systems in organic electronics.