This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. It is often employed as a building block in the development of active pharmaceutical ingredients (APIs) and other fine chemicals. Additionally, its pyrazole and pyridine moieties contribute to its role in designing ligands for catalysis and coordination chemistry.