This chemical is primarily utilized as a versatile building block in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. It is often employed in the development of biologically active compounds, including drug candidates, due to its ability to introduce pyrazole and pyridine moieties into complex molecules. Additionally, it serves as a key intermediate in the preparation of ligands for catalysis and coordination chemistry, contributing to the design of novel catalysts and functional materials.