Used primarily in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds. Its boronate ester group readily reacts with aryl or heteroaryl halides in the presence of palladium catalysts, making it valuable in the development of pharmaceuticals, agrochemicals, and functional materials. Particularly useful in constructing complex indazole-based scaffolds found in bioactive molecules and drug candidates. Its stability and reactivity profile allow for efficient derivatization under mild conditions, supporting applications in medicinal chemistry and high-throughput screening.