This chemical is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds between aryl or heteroaryl groups. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Its pyrazole and pyrimidine moieties contribute to its utility in creating complex molecules with potential biological activity, often applied in drug discovery and development for targeting specific enzymes or receptors. Additionally, it is employed in the synthesis of organic electronic materials due to its ability to modify conjugated systems.